Multiple Choice
-In the above figure, when the quantity equals 400 pretzels,
A) the marginal benefit is greater than the marginal cost.
B) producers are willing to supply 400 pretzels for $2.
C) producers are willing to supply 400 pretzels for $3.
D) consumers are willing to pay $2 for the 400th pretzel.
Correct Answer:
Verified
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