All of the following, except one, are sources of product differentiation. Which is the exception?

Assume a government likes a particular equilibrium along the contract curve. It can achieve that equilibrium through competition and income redistribution

Indicate whether the statement is true or false

When a buyer's willingness to pay for a good is equal to the price of the good, the

a. buyer's consumer surplus for that good is maximized. b. buyer will buy as much of the good as the buyer's budget allows. c. price of the good exceeds the value that the buyer places on the good. d. buyer is indifferent between buying the good and not buying it.