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    Principles of Microeconomics Study Set 3
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    Exam 5: Market Outcomes and Tax Incidence
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    Another Name for a Consumer's Willingness to Pay Is the
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Another Name for a Consumer's Willingness to Pay Is the

Question 92

Question 92

Multiple Choice

Another name for a consumer's willingness to pay is the


A) limiting cost.
B) expense cap.
C) hidden budget.
D) reservation price.
E) maximum outlay.

Correct Answer:

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