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    Macroeconomics Study Set 68
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    Exam 4: Market Failures Caused by Externalities Asymmetric Information
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    If the Consumer Is Willing to Pay a Price Higher
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If the Consumer Is Willing to Pay a Price Higher

Question 202

Question 202

True/False

If the consumer is willing to pay a price higher than the actual price of a product, then the consumer
will not buy the product because the consumer surplus will be negative.

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