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The Most Anyone Is Willing to Pay for Another Purse

Question 88

Multiple Choice

The most anyone is willing to pay for another purse is $30. Currently the price of a purse is $40, and the cost of producing another purse is $50. The marginal benefit of a purse is


A) $50.
B) $40.
C) $30.
D) an amount not given in the answers above.

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