Business
Business, 19.10.2019 02:30, tdahna0403

Suppose that firms a and b each produce high-resolution computer monitors, but firm a can do so at a lower cost. cassie and david each want to purchase a high-resolution computer monitor, but david is willing to pay more than cassie. which of the following market outcomes is efficient
(a) firm b produces a monitor that cassie buys. david does not purchase a monitor.
(b) firm a produces a monitor that david buys.
(c) firm a produces a monitor that cassie buys. david does not purchase a monitor.
(d) firm b produces a monitor that david buys.

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Answers: 2

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