Table 7-8
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​ -Refer to Table 7-8

question 170

Multiple Choice

Table 7-8
​
​
$$\begin{array} { | c | c | } \hline \text { Seller } & \begin{array} { c } \text { Cost } \\\text { (Dollars) }\end{array} \\\hline \text { Evan } & 50 \\\hline \text { Selena } & 100 \\\hline \text { Angie } & 150 \\\hline \text { Kris } & 200 \\\hline\end{array}$$
-Refer to Table 7-8. If the sellers bid against each other for the right to sell the good to a consumer, then the good will sell for

• A)$50 or slightly more.
• B)$100 or slightly less.
• C)$150 or slightly less.
• D)$200 or slightly more.

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Definitions:

Professional Ethics

Moral principles and values that guide the behavior of professionals in their occupational practices, ensuring integrity, competence, and responsibility.

Code

A system of signals, symbols, or instructions designed to be converted into a form understandable by people or machines, often used in computing and communications.

Objectivity

The practice of maintaining impartiality and fairness by eliminating personal biases, emotions, and subjective considerations.

News Media

The various platforms and outlets, including television, newspapers, and the internet, that distribute news and information to the public.