MCQOPTIONS
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| 1. |
The seller’s cost of production is ? |
| A. | none of these answers. |
| B. | the minimum amount the seller is willing to accept for a good |
| C. | the seller’s producer surplus |
| D. | the maximum amount the seller is willing to accept for a good |
| E. | the seller’s consumer surplus |
| Answer» C. the seller’s producer surplus | |