Question: When performance occurs efficiently what is the net social gains from the contract? To find this, you want to compute the sum of the expected

When performance occurs efficiently what is the net social gains from the contract? To find this, you want to compute the sum of the expected gains to Dave and Jesus combined. Note that the price and actual damages awarded for breach is not relevant to this calculation Round your answer to nearest

100

th When the desk gets built, Dave gets a gain of $

1200

and Jesus bears the respective cost.

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