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A consumer values a car at$20,000and it costs a producer$15,000to make the same car. If...

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Question

Economics

A consumer values a car at

$20,000

and it costs a producer

$15,000

to make the same car. If the transaction is completed at

$18,000

, the transaction will generate no surplus.

$5.000

worth of seller surplus and unknown amount of buyer surplus.

$2,000

worth of buyer surplus and

$3,000

of seller surplus.

$3,000

worth of buyer surplus and unknown amount of seller surplus.

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