Question: last answer please 12 Problem 04-03 (algo) Look at the tables below. 6.66 points Person Person Bob Maximum Price Willing to Pay $16 14 13
12 Problem 04-03 (algo) Look at the tables below. 6.66 points Person Person Bob Maximum Price Willing to Pay $16 14 13 12 11 Minimum Acceptable Price $6 7 8 Bart BA Bart Brent Betty Carlos Courtney Chuck Cindy Craig Chad 9 10 10 11 Instructions: Enter your answers as a whole number a. What is the total surplus il Bob buys a unit from Carlos? $10 b. What is the total surplus ir Barb buys a unit from Courtney? c. What is the total surplus if Bob buys a unit from Chod? $ 5 d. If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved? $ 75
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