Answered: From the perspective of the ____, the…

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From the perspective of the ____, the price at which a unit is exchange is the marginal cost of that unit.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

From the perspective of the ____, the price at which a unit is exchange is the marginal cost of that unit.

A. economist.
B. buyer.
C. seller.
D. government.

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