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mylab.pearson.com C + ECN 104 - F2025 - Section 011 Noorman Hothi Homework: Homework 3 Question Completed: 25 of 60 Part 1 of 3 My score: 23/60 pts (38.33%) Save Minimize list Larry Krovitz is a salesman who works at a used-car showroom in Sydney, Australia. It's the last week of July, but he is yet to meet his sales target for the month. A customer, Harold Kumar, who wants to buy a Ford Fiesta, walks into the showroom. After taking one of the cars for a test drive, Harold decides to buy it. While $11,000 was the least that Larry would have been willing to accept for that car, he quotes a price of $19,000. After some bargaining, the car is sold for $16,000. Concept Question 6.3.1 24 Question | 0.75/1 pt V X In this case, the producer surplus is $. Review Question 10 25 V X Question | 0.5/1 pt Text Problem 11 26 Question | 0/1 pt Review Question 13 27 Question | 0/1 pt Concept Check 6.5.0.1 28 Question | 0/1 pt Concept Question 6.6.2 29 Question | 0/1 pt O Concept Question 6.6.3 30 Question | 0/1 pt O Review Question 5 31 Question | 0/1 pt Help me solve this Etext pages Grapher Clear all Check