Potential gain from trade for the first unit

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Reference no: EM131808345

Suppose Dwight and Barrack were to exchange 1 unit of the good.

1) The potential gain from trade for the first unit of the good they exchange is:

2) Suppose Dwight and Barrack were to exchange 1 unit of the good for $45. Dwight's gain from trade at that price is:

3) Suppose Dwight and Barrack were to exchange 1 unit of the good for $45. Barrack's gain from trade at that price is:

Reference no: EM131808345

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