Multiple Choice
Suppose a buyer and a seller agree to split the cost of hiring an interpreter who charges $4 per transaction.The seller's opportunity cost is $35, while the buyer values the good at $45.If the gains from this transaction are split equally between the buyer and the seller, how much will each gain from this transaction?
A) $10
B) $4
C) $3
D) $5
Correct Answer:
Verified
Correct Answer:
Verified
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