​A Consumer Values a Car at $30,000 and a Producer

question 44

Multiple Choice

​A consumer values a car at $30,000 and a producer values the same car at $20,000.If the transaction is completed at $24,000,the transaction will generate:

• A)​No surplus
• B)$4,000 worth of seller surplus and unknown amount of buyer surplus
• C)$6,000 worth of buyer surplus and $4,000 of seller surplus
• D)​$6,000 worth of buyer surplus and unknown amount of seller surplus

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Definitions:

Obstructive Sleep Apnea

A disorder characterized by repeated episodes of partial or complete blockage of the airway during sleep.

Prevalence

The measure of the proportion of a population found to have a condition (typically a disease or disorder) at a specific time.

Cognitive-behavioral Therapy

A therapeutic approach that aims to change negative patterns of thinking or behavior that contribute to individuals' psychological distress.