In a market,the marginal buyer is the buyer
A)whose willingness to pay is higher than that of all other buyers and potential buyers.
B)whose willingness to pay is lower than that of all other buyers and potential buyers.
C)who is willing to buy exactly one unit of the good.
D)who would be the first to leave the market if the price were any higher.

Question

Quizplus · Accepted Answer

The marginal buyer is the one whose willingness to pay is just equal to the market price, meaning they would be the first to leave if the price increased.

In a Market,the Marginal Buyer Is the Buyer