Business, 10.10.2019 05:00 yeontan

Suppose there are three identical vases for sale. buyer #1 is wiling to pay $30 for one, buyer #2 is willing to pay $25 for one, while buyer #3 is willing to pay $20 for one. if the market price is $25, how many vases will be sold and what is the value of consumer surplus in this market?

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Suppose there are three identical vases for sale. buyer #1 is wiling to pay $30 for one, buyer #2 is...

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