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Table 7-8

​ -Refer to Table 7-8

Question 162

Multiple Choice

Table 7-8


 Seller  Cost  (Dollars)   Evan 50 Selena 100 Angie 150 Kris 200\begin{array} { | c | c | } \hline \text { Seller } & \begin{array} { c } \text { Cost } \\\text { (Dollars) }\end{array} \\\hline \text { Evan } & 50 \\\hline \text { Selena } & 100 \\\hline \text { Angie } & 150 \\\hline \text { Kris } & 200 \\\hline\end{array}
-Refer to Table 7-8. If the sellers bid against each other for the right to sell the good to a consumer, then the good will sell for


A) $50 or slightly more.
B) $100 or slightly less.
C) $150 or slightly less.
D) $200 or slightly more.

Correct Answer:

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