Noah values his car at $10,000, and Emily values it at $14,000. If Emily buys it from Noah for $11,000, which of the following is true?
A) Noah gains $1,000 of value, and Emily gains $3,000 of value.
B) Noah gains $11,000 of value, and Emily loses $11,000 of value.
C) Noah gains $10,000 of value, and Emily loses $14,000 of value.
D) Noah and Emily both gain $11,000 of value.
Correct Answer:
Verified
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