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Suppose a Seller's Opportunity Cost Matches a Buyer's Valuation of the Product.Assuming

Question 23

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Suppose a seller's opportunity cost matches a buyer's valuation of the product.Assuming a two-person economy, which of the following statements will be true?


A) The transaction will benefit the buyer, while the seller will neither gain nor lose from it.
B) The economic value created by this exchange will be zero.
C) Both parties will be worse-off after the transaction.
D) The seller will be worse-off than the buyer after the transaction.

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