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Business, 26.02.2020 21:44 Symonek

Select the two situations with the highest total surplus.

a. Bonnie buys flowers for $2.25 less than she was willing to pay. She bought them from a seller who would have been willing to accept $3 less that what Bonnie paid.

b. Don wanted to buy a scooter for no more than $5, but was only able to find a producer who would sell for $15.

c. Kevin wanted to spend $50 on a dishwasher and bought one at $45 from a producer who was hoping to receive $40.

d. Jay buys a house for $40,000 less than he was willing to pay. He bought his home from sellers who received $2,000 more than they were willing to sell for.

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Select the two situations with the highest total surplus.

a. Bonnie buys flowers for $2....
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