Todd owns a truck that he values at $2,000 . Susan, who does a lot of hauling, values the truck at $6,000 . If these two are allowed to negotiate, which of the following will most likely occur?
a. Todd will sell the truck for $1,500.
b. Susan will buy the truck for $7,000.
c. The truck will be sold at a price greater than $2,000 but less than $6,000, and both parties will benefit.
d. Susan will benefit more than Todd if the truck is sold.
C
Economics
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