Table 7-3 The Only Four Consumers in a Market Have the Following

Multiple Choice

Table 7-3
The only four consumers in a market have the following willingness to pay for a good:
-Refer to Table 7-3. If there is only one unit of the good and if the buyers bid against each other for the right to purchase it, then the good will sell for

A) $15 or slightly less.
B) $25 or slightly more.
C) $35 or slightly more.
D) $45 or slightly less.