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ruslelena [56]
3 years ago
12

Sophie is willing to sell her used economics textbook for $30. Ruby is willing to pay $60 for the used economics textbook. Sophi

e and Ruby agree on a price of $45. The gains from trade for Sophie equals ______ and the gains from trade for Ruby equals _______.
a. $15
b. $15 $30
c. $60 $30
d. $0
Business
1 answer:
jekas [21]3 years ago
8 0

Answer:

a. $15 

Explanation:

The gains of trade of Sophie = price - willingness to sell

=$45 - $30 = $15

The gains of trade of Ruby = willingness to pay- price

$60 - $45 = $15

I hope my answer helps you

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