Multiple Choice
In a competitive free market, consumers decide not only whether their use of a good is worth more than the market price, but also whether their use of a good is worth more than:
A) all other uses of the good.
B) its inframarginal uses.
C) the good's highest-valued use.
D) its next highest-valued use.
Correct Answer:
Verified
Correct Answer:
Verified
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