What is the value of total surplus if sue buys a new
Suppose that the price of a new bicycle is $300. Sue values a new bicycle at $400. It costs $200 for the seller to produce the new bicycle what is the value of total surplus if Sue buys a new bike?
a. $100
b. $200
c. $300
d. $400
e. $500
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suppose that the price of a new bicycle is 300 sue values a new bicycle at 400 it costs 200 for the seller to produce
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