Please enter all answers with NO commas and NO dollar signs. You want to have an...

 

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Please enter all answers with NO commas and NO dollar signs. You want to have an in-ground pool installed. The value to you of having an in-ground pool Is $50,000. You find a contractor who will provide and install a pool and you agree on a price of $35,000. There is an expected cost to the contractor of $25,000 to provide and Install this pool. With the completion of this contract, how much does your utility increase/decrease? 15000 With the completion of this contract, how much does the contractor's utility increase/decrease? 10000 What is the net social gain/loss from this contract? 25000 What would the expectation damages be for this contract? 15000 If there were low transaction costs and the penalty for breaching the contract was set at $100,000. If the cost of providing and installing the pool increased to $40,000, what would happen? Is this outcome efficient? would pay and the contractor build the pool. This outcome efficient. If the cost of providing and installing the pool increased to $60,000, what would happen? Is this outcome efficient? and the contractor would would pay between and the pool. This outcome efficient. Please enter all answers with NO commas and NO dollar signs. You want to have an in-ground pool installed. The value to you of having an in-ground pool Is $50,000. You find a contractor who will provide and install a pool and you agree on a price of $35,000. There is an expected cost to the contractor of $25,000 to provide and Install this pool. With the completion of this contract, how much does your utility increase/decrease? 15000 With the completion of this contract, how much does the contractor's utility increase/decrease? 10000 What is the net social gain/loss from this contract? 25000 What would the expectation damages be for this contract? 15000 If there were low transaction costs and the penalty for breaching the contract was set at $100,000. If the cost of providing and installing the pool increased to $40,000, what would happen? Is this outcome efficient? would pay and the contractor build the pool. This outcome efficient. If the cost of providing and installing the pool increased to $60,000, what would happen? Is this outcome efficient? and the contractor would would pay between and the pool. This outcome efficient.

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Step 12 When we go fo the production of a commodity we require some resources and for that we make s... View the full answer