-At the point where the market price is $6 and the quantity demanded is 4 units,which of the following statements is true?
A) The maximum price that consumers are willing to pay for any of the 4 units of pizza demanded is $6.
B) The minimum price that consumers are willing to pay for any of the 4 units of pizza demanded is $6.
C) No one currently buying pizza thinks that a unit of pizza is worth more than $6.
D) If producers produced more than 4 units of pizza at the market price of $6,more pizza will be demanded.
E) At the market price of $6,4 units of pizza will be demanded.
Correct Answer:
Verified
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