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North and South Atlantis refuse to negotiate directly with each other, so Quirm negotiates with each separately in an attempt to find an agreement that both North and South Atlantis can live with. This is an example of what?
Consumer Surplus
The deviation in the total amount willing to be paid by consumers for a good or service and the amount paid in reality.
Phantom Tickets
Tickets for events that are sold but do not actually exist or are not intended to be honored, often associated with scams or fraud.
Consumer Surplus
The variance between the total price consumers intend to pay for a service or good and what they really pay.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase at various prices.
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