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Suppose Producers Must Be Paid $1,000 Per Computer for Them

Question 58

Multiple Choice

Suppose producers must be paid $1,000 per computer for them to be just willing to provide the market with 2,500 computers per month. The $1,000 represents:


A) the consumer price for 2,500 computers.
B) the demand price for 2,500 computers.
C) the producer price of 2,500 computers.
D) the supply price of 2,500 computers.

Correct Answer:

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