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    Exam 5: Efficiency and Equity
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    The Value of a Good Is Equal to the
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The Value of a Good Is Equal to the

Question 35

Question 35

Multiple Choice

The value of a good is equal to the


A) maximum price you are willing to pay for it.
B) price that you actually pay for it.
C) price you actually pay for it minus the maximum you are willing to pay for it.
D) maximum you are willing to pay for it minus the price you actually pay for it.

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