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    Principles of Economics Study Set 1
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    Exam 3: Supply and Demand
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    A Seller's Reservation Price Is Generally Equal To
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A Seller's Reservation Price Is Generally Equal To

Question 44

Question 44

Multiple Choice

A seller's reservation price is generally equal to:


A) the buyer's reservation price.
B) the seller's average cost.
C) the seller's marginal cost.
D) the market price.

Correct Answer:

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