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Suppose that price is equal to a buyer's willingness to pay. That is, price is the same as the value the buyer places on the

Suppose that price is equal to a buyer's willingness to pay. That is, price is the same as the value the buyer places on the good. If this is the case, which of the following scenarios apply?

a.

The buyer will not buy the good.

b.

The buyer would buy the good only if the price falls.

c.

The buyer will buy the good only if price rises.

d.

The buyer would be equally happy buying the good or keeping the money.

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