Answer:
The Havana Lounge is willing to sell a manicure for $17; Chez Lin's is ... What is the total producer surplus for the two salons assuming each sells on
Explanation:
Answer: -11
Explanation:
The Havana Lounge and Chez Lin's both sell manicures. The market price of one manicure is $25. The Havana Lounge is willing to sell a manicure for $17, Chez Lin's is willing to sell a manicure for $19. its subtraction because its saying The Havana Lounge is willing to sell a manicure, "sell" means to subtract. you start off with $25-$17= $12-19= -11. So your answer will be -11.
