If a Firm Is Willing to Supply the 1,000th Unit

Multiple Choice

If a firm is willing to supply the 1,000th unit of a good at a price of $23 or more, we know that $23 is the

A) average price of all the prices the seller could charge.
B) highest price the seller hopes to realise for this output.
C) price that sets the marginal benefit equal to the price.
D) minimum price the seller must receive to produce this unit.
E) only price for which the seller is willing to sell this unit of the good.