If a seller charges a buyer the exact price the buyer is willing to pay, then the buyer would

A) not buy the good.
B) receive the maximum consumer surplus.
C) receive no benefit from the good.
D) receive no consumer surplus from that unit of the good.
E) suffer a deadweight loss from buying the good.

D

Economics

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When potential GDP increases, is it necessarily the case that real GDP increases as well? Explain

What will be an ideal response?

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Firms cannot resemble

A) incomplete contracts. B) democracies. C) an organization without externalities. D) a benevolent dictator.

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