Question

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2. Consider the market for used textbooks. Use
Exhibit A-5 to calculate the total producer surplus.

EXHIBIT A-5 Used Textbook Market

 

Pofential               Willingness             Market

seller                  to sell              price
Forest                          $60                      $30
Betty                              45                        30
Alan                                紡                        30
Paul                                8                         30

|  Alice                            10                      30

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