Deltra was willing to purchase a dozen cookies for $50 that Deirdre was willing to sell for anything more than $27. If they agreed on a price of $31, how much total value was created in this exchange

$23

Explanation:

Calculation for how much total value was created in this exchange

First step is to calculate Deltra Surplus

Using this formula

Surplus (Deltra)=Purchase value - Agreed Price

Let plug in the formula

Surplus(Deltra)=$50−$31

Surplus(Deltra)=$19

Second step is to calculate Deirdre Surplus using this formula

Surplus (Deirdre)= Agreed Price - Amount Willing to sell

Let plug in the formula

Surplus(Deirdre)=$31−$27

Surplus(Deirdre)=$4

Now let calculate the total value that was created in this exchange

Total value=$19+$4

Total value=$23

Therefore the amount of total value that was created in this exchange is $23

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.

answer/// the grapefruit that guarantees you will loss five pounds a week;