At prices below a consumer's willingness to pay:
A) the buyer will participate in the market because the opportunity cost is less than the benefit from consuming the good.
B) the buyer will participate in the market because the opportunity cost is more than the benefit from consuming the good.
C) the buyer will not participate in the market because the opportunity cost is less than the benefit from consuming the good.
D) the buyer will not participate in the market because the opportunity cost is more than the benefit from consuming the good.

Question

Quizplus · Accepted Answer

The Answer is A

At Prices Below a Consumer's Willingness to Pay