=+to, or lower than, her willingness to pay. Raquels willingness to pay is $400; Jackies, $300; Joans,

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=+to, or lower than, her willingness to pay. Raquel’s willingness to pay is $400;

Jackie’s, $300; Joan’s, $200; Mia’s, $100; and Sophia’s, $0. De Beers’s marginal

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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