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Famwam Famwam
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Posts: 456
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4 years ago
Suppose the price of a package of guitar strings is $5. If Mark's marginal cost of producing that package of guitar strings is $3, his producer surplus from that package of guitar strings is:

▸ $0.

▸ $1.

▸ $2.

▸ $3.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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tlastertlaster
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Famwam Author
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#2
4 years ago
Brilliant
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