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    International Economics Study Set 9
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    Exam 8: Import Tariffs and Quotas Under Perfect Competition
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    When Firms Are Able to Sell Units of a Good
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When Firms Are Able to Sell Units of a Good

Question 50

Question 50

Multiple Choice

When firms are able to sell units of a good at a price higher than the marginal cost of production, they are getting:


A) consumer surplus.
B) higher efficiency.
C) producer surplus.
D) marginal utility.

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