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Value and Price Can Be Compared by Noting That

Question 33

Multiple Choice

Value and price can be compared by noting that


A) value is what we must pay while price is what we are willing to pay.
B) value is always greater than price.
C) value is what the seller receives when we buy a good, and price is what we must pay when we buy a good.
D) price is what we must pay and value is what we are willing to pay.
E) they are the same thing.

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