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The Marginal Cost of Producing One More Hot Dog Is

Question 17

Multiple Choice

The marginal cost of producing one more hot dog is $1.00.The price of a hot dog is $1.50.The producer surplus from selling one more hotdog is

A) $1.00.
B) $1.50.
C) $0.50.
D) zero.
E) $2.50.

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