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.

d

Economics

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The growing use of computers led to a substantial increase in the overall U.S. productivity growth from 1995 to 2005

a. True b. False Indicate whether the statement is true or false

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An increase in the dollar price of the English pound will

A. increase the supply of dollars. B. decrease the supply of pounds. C. cause an increase in the pound price of the dollar. D. cause a decrease in the pound price of the dollar.

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