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    Modern Principles of Economics Study Set 2
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    Exam 7: The Price System: Signals, Speculation, and Prediction
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    Reference: Ref 7-1 (Figure: Demand Curve) Refer to the Figure
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Reference: Ref 7-1 (Figure: Demand Curve) Refer to the Figure

Question 29

Question 29

Multiple Choice

  Reference: Ref 7-1 (Figure: Demand Curve)  Refer to the figure. Which point on the graph represents the value of the good in its next highest valued use? A)  Point A B)  Point B C)  Point C D)  the origin Reference: Ref 7-1 (Figure: Demand Curve) Refer to the figure. Which point on the graph represents the value of the good in its next highest valued use?


A) Point A
B) Point B
C) Point C
D) the origin

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