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Suppose that there are three identical vases available to be purchased. buyer 1 is willing to pay $30 for one, buyer 2 is willing to pay $25 for one, and buyer 3 is willing to pay $20 for one. if the price is $25, how many vases will be sold and what is the value of the consumer surplus in this market
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Suppose that there are three identical vases available to be purchased. buyer 1 is willing to pay $3...
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