-In the Above Figure, When the Quantity Equals 400 Pretzels

question 28

Multiple Choice

-In the above figure, when the quantity equals 400 pretzels

• A) consumers are willing to pay $2 for the 400th pretzel.
• B) producers are willing to supply 400 pretzels for $3.
• C) producers are willing to supply 400 pretzels for $2.
• D) the marginal benefit is greater than the marginal cost.

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