Question

If Smith earns $100,000 in surplus value when he sells oranges at the market and if the total surplus value created by trade is split 25-75 between seller and buyer in each transaction, then how much surplus value do consumers who buy oranges from Smith receive in the market?

Answer 1

how much surplus value do consumers who buy oranges from Smith receive in the market?

$300000

Step-by-step explanation:

Smith earns $100000 25% seller

$300000 75% buyer