Jerry $… Show more There are four consumers willing to pay

Jerry $… Show more There are four consumers willing to pay the following for a haircut: Ricki $8.00 Oprah $7.00 Jerry $5.00 Montel $2.00 There are four businesses with the following costs per haircut: A-Kutz $3.00 B-Kutz $6.00 C-Kutz $4.00 D-Kutz $2.00 Each business can produce no more than one haircut. A) In the most efficient world, which companies should cut hair and which customers should get a haircut? (Note: it might be less than four) B) How large is the maximum possible total surplus and what is the least possible surplus? • Show less

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