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Phil Offers to Do Don's Housework for $20 Per Week

Question 85

Multiple Choice

Phil offers to do Don's housework for $20 per week. Don's opportunity cost of doing housework is $30 per week, and Phil's opportunity cost of doing housework is $10 per week.
-According to the information provided, the total gain in welfare due to the transaction described here is:


A) $10 per week
B) $20 per week
C) $30 per week
D) $40 per week

Correct Answer:

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