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Table 7-2 This Table Refers to Five Possible Buyers' Willingness to Pay

Question 453

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Table 7-2
This table refers to five possible buyers' willingness to pay for a case of Vanilla Coke. Table 7-2 This table refers to five possible buyers' willingness to pay for a case of Vanilla Coke.   -Refer to Table 7-2. Which of the following is not true? A) At a price of $9.00, no buyer is willing to purchase Vanilla Coke. B) At a price of $5.50, Megan is indifferent between buying a case of Vanilla Coke and not buying one. C) At a price of $4.00, total consumer surplus in the market will be $9.00. D) All of the above are correct.
-Refer to Table 7-2. Which of the following is not true?


A) At a price of $9.00, no buyer is willing to purchase Vanilla Coke.
B) At a price of $5.50, Megan is indifferent between buying a case of Vanilla Coke and not buying one.
C) At a price of $4.00, total consumer surplus in the market will be $9.00.
D) All of the above are correct.

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