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Home GradesPersonalized Reviews Discussion Course Materials he Market Forces of Supply and Demand (Mobile-Enabled) aded Assignment | Read Chapter 4 | Back to Assignment Due Friday 01.25.19 at 12 Attempts: Keep the Highest: 12 16. How prices allocate resources Suppose that there are three beachfront parcels of land available for sale in Astoria and six people who would each like to purchase one Assume that the parcels are essentially identical and that the minimum selling price of each is $570,000. The fllowing table states each persons willingness and ability to purchase a parcel. parcel. Willingness and Ability to Purchase Dollars) 700,900 630,000 590,000 550,000 510,000 500,000 Eric Ginny Kenji Paolo Sharon Which of these people will buy one of the three beachfront parcels? Check all that apply
upserviet/quiz?quiz action-takeQuiz&quiz probGuid-04P 10100000 Ginny Kenji Lucia Paolo Sharon 630,000 590,000 550,000 510,000 500,000 Which of these people will buy one of the three beachfront parcels? Check all that apply Eric O Ginny 目Lucia ■ Paolo Sharon Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $560,000. This fourth be sold, because
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