Alice, Amber, and Andi make and sell pottery. Alice is willing to sell a 5 inch pot for $20 , Amber is willing to sell a 5 inch pot for $22 , and Andi is willing to sell a 5 inch pot for $46 . If each of the ladies is able to sell one 5 inch pot for $50 , what is their combined producer surplus

Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?

Which term refers to the cost that motivates an economic decision

Witch is an example of a non durable good?