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For Factor Y, the marginal cost of producing a widget is $6, which is also equal to: The equilibrium price Reservation price Producer surplus Marginal
For Factor Y, the marginal cost of producing a widget is $6, which is also equal to:
The equilibrium price
Reservation price
Producer surplus
Marginal revenue
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Macroeconomics
Authors: David C. Colander
10th edition
1259663043, 1259663048, 978-1259663048
