-The Figure Above Shows the Supply Curve for Soda

question 82

Multiple Choice

-The figure above shows the supply curve for soda.The market price is $1.00 per soda.The marginal cost of the 20,000th soda is

• A) $0.00.
• B) $0.50.
• C) $1.00.
• D) more than $1.00.
• E) None of the above answers is correct.

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Definitions:

Supply Chain Surplus

The difference between the value generated by the final product to the end consumer and the costs involved in the supply chain.

Fashion Apparel

Clothing and accessories designed and manufactured according to current trends and styles.

Varying Price

A pricing strategy where the price of a product or service changes over time or depending on the situation, often in response to market demand.

Market Segments

Divisions within a broader market, categorized by distinct characteristics such as demographics, needs, or preferences.