9. A buyer values a car at $60,000 and a producer values the same car at $40,000. If the transaction is completed at $48,000, the transaction will generate: O No surplus O $8,000 worth of seller surplus and unknown amount of buyer surplus O$12,000 worth of buyer surplus and $4,000 of seller surplus O $12.000 worth of buyer surplus and unknown amount of seller surplus

9. A buyer values a car at $60,000 and a producer values the same car at $40,000. If the transaction is completed at $48,000, the transaction will generate: O No surplus O $8,000 worth of seller surplus and unknown amount of buyer surplus O$12,000 worth of buyer surplus and $4,000 of seller surplus O $12.000 worth of buyer surplus and unknown amount of seller surplus

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter21: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 10MC

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