The Most Anyone Is Willing to Pay for Another Purse

question 88

Multiple Choice

The most anyone is willing to pay for another purse is $30. Currently the price of a purse is $40, and the cost of producing another purse is $50. The marginal benefit of a purse is

• A) $50.
• B) $40.
• C) $30.
• D) an amount not given in the answers above.

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Definitions:

Lacteals

Specialized lymphatic capillaries located in the intestinal villi, involved in the absorption of dietary fats.

Photomicrograph

An image taken with a microscope to show a magnified view of microscopic structures.

Simple Squamous Epithelium

A single layer of flat cells lining surfaces involved in substance exchange, like blood vessels and lung alveoli.

Areolar Connective Tissue

Areolar connective tissue is a loose connective tissue that supports and cushions organs, and is characterized by a matrix with collagen and elastin fibers.