Dan owns an autographed copy of a Brittany Spears CD.If he sells it locally,he can get $100.If he puts it on eBay,he can get $500,of which he will pay $50 to eBay.eBay has therefore caused total economic surplus to be
A) unchanged.
B) $400 higher.
C) $50 higher.
D) $350 higher.
Correct Answer:
Verified
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