Blake’s Repair Services has 2,000 damaged radios that cost $40,000. The radios could be sold as is for $20,000 or repaired for $30,000 and then sold for $65,000. Compute the opportunity cost of selling the radios without the repairs.

Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.