Multiple Choice
Individual demand tells us the
A) minimum amount an individual is willing to pay for an extra unit of a good.
B) maximum quantity of a good an individual is willing to buy at any given price.
C) total benefit a consumer gets from a good, but only when the price is equal to zero.
D) marginal benefit is unrelated to willingness to pay.
E) maximum marginal utility an individual receives from consuming one more unit of a good.
Correct Answer:

Verified
Correct Answer:
Verified
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