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  • 02-11-2021
  • Business
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consumers are willing to purchase a product up to the point where

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bcaricati
bcaricati bcaricati
  • 02-11-2021

Answer:

Consumers are willing to purchase a product up to the point where the marginal benefit of consuming a product is equal to its price. The marginal benefit is the additional benefit to a consumer from consuming one more unit of a good or service.

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