Multiple Choice
When Bob's willingness to pay for a cup of coffee is $1,and the price of a cup of coffee is $1:
A) Bob is indifferent about purchasing the coffee.
B) Bob will get no surplus by purchasing the coffee.
C) Bob will get the same surplus whether he purchases the coffee or not.
D) All of these are true.
Correct Answer:
Verified
Correct Answer:
Verified
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