A. price is always equal to marginal cost
B. supply is always equal to demand
C. price is always higher than marginal cost
D. there are always many buyers and many sellers
Correct Answer:
Option A – price is always equal to marginal cost
A. price is always equal to marginal cost
B. supply is always equal to demand
C. price is always higher than marginal cost
D. there are always many buyers and many sellers
Correct Answer:
Option A – price is always equal to marginal cost
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