Consumers benefit from market exchange when the maximum price they are willing to pay for a unit of a good is less than what they usually pay.

Question

Quizplus · Accepted Answer

Consumers benefit from market exchange when the maximum price they are willing to pay for a unit of a good is greater than or equal to the price they actually pay, as this indicates they are receiving the good at a value they perceive as fair or advantageous.

Consumers Benefit from Market Exchange When the Maximum Price They