Tim's opportunity cost of selling his car is $20,000.Rebecca, who is a likely buyer, values that car at $25,000.Calculate the economic value this transaction can create if Rebecca pays $23,500 for Tim's car.

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The Answer of Tim's opportunity cost of selling his car is $20,000.Rebecca, who is a likely buyer, values that car at $25,000.Calculate the economic value this transaction can create if Rebecca pays $23,500 for Tim's car.

Tim's Opportunity Cost of Selling His Car Is $20,000