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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Producer Surplus
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    A Seller Is Willing to Sell a Product Only If
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A Seller Is Willing to Sell a Product Only If

Question 59

Question 59

Multiple Choice

A seller is willing to sell a product only if the seller receives a price that is at least as great as the


A) seller's producer surplus.
B) seller's cost of production.
C) seller's profit.
D) average willingness to pay of buyers of the product.

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