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Consider the polynomial function and find
.
Seller Surplus
The difference between price (what the seller is able to sell for) and the seller’s value (what she is willing to sell for).
Individual's Value
The worth or significance of a person, often considered in terms of their qualities, actions, and contributions to society.
Willing
Displaying a readiness or preference towards a particular action or decision.
Consumer Surplus
See Buyer Surplus.
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