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Measure of advantage from arrangement

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Reference no: EM133178840

For instance. assume that Will is a cleaner who is working in the cleaning administration organization and Amie employed Will to tidy up her room consistently for $100. The open door cost of Will's time is $30, while the worth of a spotless house to Amie is $120. Henceforth, every one of them get same measure of advantage from their arrangement. Amie and Will each get an advantage of $20, making the absolute excess from exchange $40.

Reference no: EM133178840

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