ajbrock1004
20.12.2019 •
Business
Suppose ferd truthfully tells the car dealer the maximum amount he's willing to pay for a ford escort: $12,000. the dealer says, "you're in luck; we have one on the lot for $12,000." which of the following statements is true? a. ferd will not buy the car. b. the car is not worth $12,000. c. ferd gets $12,000 in consumer surplus. d. ferd gets no consumer surplus. e. the dealer earns $12,000 in consumer surplus
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