All of the following statements are correct except ______. A. The value of an additional unit of

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All of the following statements are correct except ______.
A. The value of an additional unit of the good equals the marginal benefit from the good
B. Marginal benefit is the excess of value over the price paid, summed over the quantity consumed
C. The maximum price willingly paid for a unit of a good is the marginal benefit from it
D. Price is what we pay for a good but value is what we get from it

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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