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You are a dog walker. You are willing to accept as low as $12 per dog walk. Your neighbor has a dog and she is
You are a dog walker. You are willing to accept as low as $12 per dog walk. Your neighbor has a dog and she is willing to pay as much as $15 per walk. The two of you agree on a price of $14 per walk. What is the TOTAL SURPLUS associated with this dog walk? Remember total surplus equals consumer surplus plus producer surplus (just enter numerals, no dollar signs or words)
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