The Difference Between the Market Price and the Minimum Price

question 203

Multiple Choice

The difference between the market price and the minimum price at which a seller is willing to sell a certain quantity of a good is:

• A) producer shortage.
• B) consumer shortage.
• C) producer surplus.
• D) consumer surplus.

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International Business Machines Corporation, a multinational technology company known for its computer hardware, software, and IT services.

Microsoft

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Close Substitutes

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