Business, 26.03.2020 23:50 beyza13

Jonas is the only history tutor in his town. He has three potential customers. Xavier is willing to pay $70 for tutoring, Yasha is willing to pay $50 and Zander is willing to pay $25. Suppose Jonas has to charge the same price to each of his customers, and each student he tutors costs him $15 (which mostly consists of the opportunity cost of his time). What price will Jonas set, and what will be the consumer surplus, producer surplus, and deadweight loss

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Jonas is the only history tutor in his town. He has three potential customers. Xavier is willing to...

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