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The competitive market price is good a. must be less than what consumers are willing to pay for an additional unit of good b. is

The competitive market price is good

a. must be less than what consumers are willing to pay for an additional unit of good

b. is equal to the value consumers place on the last until they purchased

c. much reflect both the value of consumers and cost to producers

d. must exceed the cost of producing an extra unit of the good

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