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Using the Same Information as Above and Assuming Marginal Cost

question 131

Multiple Choice

Using the same information as above and assuming marginal cost is negligible,what is(are) the profit maximizing price(s) ?

Understand the legal effects of contracts and how title, possession, and risk of loss are transferred.
Recognize how the UCC addresses good faith purchases and sales involving minors or entities lacking authority.
Comprehend the specifics of contractual obligations, risk of loss, and the effects on third parties in goods transactions.
Understand the principles of liability and risk of loss in sales transactions.

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