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Suppliers Will Be Willing to Supply a Product Only If

Question 46

Multiple Choice

Suppliers will be willing to supply a product only if


A) the price received is less than the additional cost of producing the product.
B) the price received is at least equal to the additional cost of producing the product.
C) the price is higher than the average cost of producing the product.
D) the price received is at least double the additional cost of producing the product.

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