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Question 208

Multiple Choice

Use the following to answer questions:
Figure: Price and Quantity 3 Use the following to answer questions: Figure: Price and Quantity 3 -(Figure: Price and Quantity 3) At a quantity of 80 units in the figure, it cost sellers ______ to produce the last unit, but buyers value this last unit at ______. A) $80; $50 B) $50; $20 C) $20; $80 D) $80; $20
-(Figure: Price and Quantity 3) At a quantity of 80 units in the figure, it cost sellers ______ to produce the last unit, but buyers value this last unit at ______.


A) $80; $50
B) $50; $20
C) $20; $80
D) $80; $20

Correct Answer:

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