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Question
Future Electronics Inc.'s body scanning machine has been adopted by majority of the healthcare market. As a result, the company demands a high price from its customers, which mainly include hospitals. It is not investing much on innovation and its product variety is also very low. This cost borne by the users in this case is referred to as:A. marginal cost.
B. social cost.
C. monopoly cost.
D. deferred cost.
Answer
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