Noah values his car at $10,000, and Kiara values it at $14,000. If Kiara buys it from Noah for $11,000, which of the following is true?
Question 17 options:
a)
Noah and Kiara both gain $11,000 of value.
b)
Noah gains $10,000 of value, and Kiara loses $14,000 of value.
c)
Noah gains $1,000 of value, and Kiara gains $3,000 of value.
d)
Noah gains $11,000 of value, and Kiara loses $11,000 of value.