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-At the Point Where the Market Price Is $6 and the Quantity

Question 164

Multiple Choice

  -At the point where the market price is $6 and the quantity demanded is 4 units,which of the following statements is true? A)  The maximum price that consumers are willing to pay for any of the 4 units of pizza demanded is $6. B)  The minimum price that consumers are willing to pay for any of the 4 units of pizza demanded is $6. C)  No one currently buying pizza thinks that a unit of pizza is worth more than $6. D)  If producers produced more than 4 units of pizza at the market price of $6,more pizza will be demanded. E)  At the market price of $6,4 units of pizza will be demanded.
-At the point where the market price is $6 and the quantity demanded is 4 units,which of the following statements is true?


A) The maximum price that consumers are willing to pay for any of the 4 units of pizza demanded is $6.
B) The minimum price that consumers are willing to pay for any of the 4 units of pizza demanded is $6.
C) No one currently buying pizza thinks that a unit of pizza is worth more than $6.
D) If producers produced more than 4 units of pizza at the market price of $6,more pizza will be demanded.
E) At the market price of $6,4 units of pizza will be demanded.

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