Business, 27.02.2020 03:32 YARETZYVENCES2144

Alice, Amber, and Andi make and sell pottery. Alice is willing to sell a 5 inch pot for $35, Amber is willing to sell a 5 inch pot for $38, and Andi is willing to sell a 5 inch pot for $68. If each of the ladies is able to sell one 5 inch pot for $70, what is their combined producer surplus? Number If the price of a 5 inch pot is $45, which of the ladies will sell their pots?

a. Alice only

b. Alice and Amber

c. Alice, Amber, and Andi

d. Andi only

Answers: 3

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Alice, Amber, and Andi make and sell pottery. Alice is willing to sell a 5 inch pot for $35, Amber i...

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