Question
Consider a market with many consumers who have a different consumer surplus. The marginal benefit each consumer receives from the last unit purchased is the
Consider a market with many consumers who have a different consumer surplus. The marginal benefit each consumer receives from the last unit purchased is the same for all consumers and equals which of the following?
| a. | tastes | |
| b. | market price | |
| c. | willingness to pay | |
| d. | income |
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
