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  3. Study Set
    Principles of Economics
  4. Exam
    Exam 7: Consumers, Producers and the Efficiency of Markets
  5. Question
    A Seller Would Be Willing to Sell a Product ONLY
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A Seller Would Be Willing to Sell a Product ONLY

Question 111

Question 111

Multiple Choice

A seller would be willing to sell a product ONLY if the price received is:


A) less than the cost of production
B) at least as great as the cost of production
C) equal to the cost of production
D) at least double the cost of production

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