Table 7-1
This table refers to five possible buyers' willingness to pay for good Z.

-Refer to Table 7-1. If the price of good Z is $4.99, who will not purchase the good?
A) Jeremy and Sarah
B) John, Jeremy and Sarah
C) Cassie, Jamie and John
D) Cassie and Jamie

Question

Table 7-1
This table refers to five possible buyers' willingness to pay for good Z.
 
-Refer to Table 7-1. If the price of good Z is $4.99, who will not purchase the good?
A) Jeremy and Sarah 
B) John, Jeremy and Sarah 
C) Cassie, Jamie and John 
D) Cassie and Jamie

Quizplus · Accepted Answer

Jeremy and Sarah will not purchase the good because they have a budget of $4.00 and the price of good Z is $4.99.

Table 7-1 This Table Refers to Five Possible Buyers' Willingness to Pay