This Table Refers to Five Possible Buyers' Willingness to Pay

question 43

Multiple Choice

This table refers to five possible buyers' willingness to pay for a take-away meal. ?
$\begin{array}{|l|l|}\hline \text { Buyer } & \begin{array}{l}\text { Willingness To } \\\text { Pay }\end{array} \\\hline \text { David } & € 8.50 \\\hline \text { Laura } & € 7.00 \\\hline \text { Megan } & € 5.50 \\\hline \text { Mallory } & € 4.00 \\\hline \text { Audrey } & € 3.50 \\\hline\end{array}$
Refer to the table above. If the price of a take-away meal is €6.90, who will purchase the good?
?

• A) all five individuals
• B) Megan, Mallory and Audrey
• C) David, Laura and Megan
• D) David and Laura

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Definitions:

Self-Categorize

The process by which individuals identify and align themselves with particular groups or categories based on shared characteristics or beliefs.

Actor-Network

A theoretical and methodological approach within sociology and science and technology studies that emphasizes the agency of both human and non-human entities in the creation of social phenomena.

Micro-Macro

Refers to the analytical frameworks in social science that consider the interplay between individual (micro) and society-wide (macro) phenomena.

Agency-Structure

The ongoing debate and theoretical framework in sociology concerning the extent of an individual's free will (agency) versus the limiting or enabling effects of social structures.