Amanda decides to buy a dress that Hillary has for sale; they both agree on a price of $20 for the exchange. Which of the following best describes who gains and who loses from the trade?
a. If the dress originally costs more than $20, Amanda gains and Hillary loses.
b. If the dress originally costs less than $20, Hillary gains and Amanda loses.
c. Both parties expect to gain from this transaction.
d. If Hillary gains from the transaction, Amanda must lose an equal amount.
c. Both parties expect to gain from this transaction.
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a. True b. False Indicate whether the statement is true or false