Table 7-9
The only four consumers in a market have the following willingness to pay for a good:
-Refer to Table 7-9. If the market price for the good is $20, who will purchase the good?
A)Danita only
B)Carolyn and Danita only
C)Ashleigh, Barb, and Carolyn only
D)All four buyers would purchase the good.

Question

Table 7-9
The only four consumers in a market have the following willingness to pay for a good: 
-Refer to Table 7-9. If the market price for the good is $20, who will purchase the good?
A)Danita only 
B)Carolyn and Danita only 
C)Ashleigh, Barb, and Carolyn only 
D)All four buyers would purchase the good.

Quizplus · Accepted Answer

The Answer of Table 7-9
The only four consumers in a market have the following willingness to pay for a good: 
-Refer to Table 7-9. If the market price for the good is $20, who will purchase the good?
A)Danita only 
B)Carolyn and Danita only 
C)Ashleigh, Barb, and Carolyn only 
D)All four buyers would purchase the good.

Table 7-9 The Only Four Consumers in a Market Have the Following