​If You Are Willing to Purchase a House for $500,000

question 16

Multiple Choice

​If you are willing to purchase a house for $500,000 and you purchase the house for $500,000,this transaction will generate:

• A)​There is no surplus created for either of the party.
• B)$0 worth of seller surplus and unknown amount of buyer surplus.
• C)$0 worth of buyer surplus and unknown amount of seller surplus.
• D)​No information provided.