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Question 163

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Use the following to answer questions: Use the following to answer questions:   -(Table: Willingness to Pay for Peanuts)  Using the table Willingness to Pay for Peanuts, if the price of a bag of peanuts is $2: A)  all of the consumers would purchase a bag. B)  everyone except Dave would purchase a bag. C)  everyone except George would purchase a bag. D)  no one would purchase a bag.
-(Table: Willingness to Pay for Peanuts) Using the table Willingness to Pay for Peanuts, if the price of a bag of peanuts is $2:


A) all of the consumers would purchase a bag.
B) everyone except Dave would purchase a bag.
C) everyone except George would purchase a bag.
D) no one would purchase a bag.

Correct Answer:

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