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Business, 08.10.2019 01:10 krystalsanabria83

Andrew paid $30 to buy a potato cannon, a cylinder that shoots potatoes hundreds of feet. he was willing to pay $45. when andrew’s friend nick learns that andrew bought a potato cannon, he asks andrew if he will sell it for $60, and andrew agrees, since he would have sold it for $45. nick is thrilled, since he would have paid andrew up to $80 for the cannon. andrew is also delighted. what is andrew’s producer surplus from the resale?

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Andrew paid $30 to buy a potato cannon, a cylinder that shoots potatoes hundreds of feet. he was wil...
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