For a given good,a consumer's willingness to pay is,by definition,the

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A consumer's willingness to pay is defined as the maximum price they are willing to pay for a good or service, based on their own perceived value and utility. It is not necessarily the same as the seller's willingness to sell, as the seller may have their own costs and price targets to consider. A, B, and C are incorrect because they do not capture the concept of willingness to pay accurately. D may be partially true, as higher levels of desire may lead to higher willingness to pay, but it is not a complete definition of the concept.

For a Given Good,a Consumer's Willingness to Pay Is,by Definition,the