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    Macroeconomics Study Set 57
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    Exam 5: Efficiency
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    When Someone's Willingness to Pay Is the Same as the Actual
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When Someone's Willingness to Pay Is the Same as the Actual

Question 64

Question 64

Multiple Choice

When someone's willingness to pay is the same as the actual price paid for an item:


A) the individual will not purchase the item.
B) the individual's surplus is zero.
C) surplus cannot be maximized.
D) All of these are correct.

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