The following table displays the reservation values of eight buyers and eight sellers, who each want to buy or sell a calculator. You are in charge of deciding which buyer trades (or not) with which seller at what price as you see fit. You could prescribe different prices to each pair of a buyer and a seller.
-Refer to the table above.Suppose you want every buyer to be able to get a calculator without paying more than his or her reservation value.Is it possible? If so,what would be the total surplus?
Definitions:
Revenue Over Expenses
A financial metric indicating profitability, where income surpasses the costs incurred in generating it.
Shareholders
Individuals or entities that own shares in a corporation, making them co-owners of the business and entitling them to dividends and certain rights.
Treasury
The department within a government or corporation responsible for managing financial operations, including revenue, expenditure, and debt.
Core Mission
The fundamental purpose or goal that guides an organization, often reflected in its strategy and actions.
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