Refer to Scenario 11.1. Suppose Mariana purchases the needed land from Abe, Ben, Cat, and Don for the value she calculated the land to be worth, but Eva refuses to sell the land for the same price as the other 4 ranchers

What is the maximum amount Mariana would be willing to pay Eva for her land and still be willing to build the railway? A) $400,000
B) $1 million
C) $1.4 million
D) $3 million


C

Economics

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