Microeconomics

If A Firm Is Willing To Supply The 1 000th Unit Of A Good At A Price Of $23 Or More We Know That $23 Is

Question

If a firm is willing to supply the 1,000th unit of a good at a price of $23 or more, we know that $23 is

the

Group of answer choices

only price for which the seller is willing to sell this unit of the good.

highest price the seller hopes to realize for this output.

minimum price the seller must receive to produce this unit.

price that sets the marginal benefit equal to the price.

average price of all the prices the seller could charge.

Microeconomics

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