Joe has ten baseball gloves and Sue has none. A baseball glove costs $50 to produce. If Joe values an additional baseball glove at $100 and Sue values a baseball glove at $40, then to maximize
A. Efficiency, Joe should receive the glove
B. Efficiency, Sue should receive the glove
C. Consumer surplus, both should receive a glove
D. Equity, Joe should receive the glove
This question is part of Microeconomics [Ch.
Asked by Emy_
, Last updated: Sep 16, 2018