Willingness to Pay Is the ________ for a Unit of Good.For

Multiple Choice

Willingness to pay is the ________ for a unit of good.For a trade to take place,the willingness
To pay must be ________.

A) lowest price that a buyer is willing to pay; lower than the price of the good.
B) lowest price that a buyer is willing to pay; higher than the price of the good.
C) highest price that a buyer is willing to pay; lower than the price of the good.
D) highest price that a buyer is willing to pay; higher than the price of the good.