If the Price of a Good Is Less Than a Buyer's

question 54

Multiple Choice

If the price of a good is less than a buyer's willingness to pay, the buyer will _____ the good because the opportunity cost of buying the good is _____ than the benefit received from consuming the good.

• A) purchase; less
• B) purchase; more
• C) not purchase; less
• D) not purchase; more.

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Definitions:

Addicted

Describes the condition of being physically or psychologically dependent on a substance or activity, leading to compulsive engagement despite harmful consequences.

Women

Female adults or individuals assigned female at birth, often studied in various disciplines for gender-specific issues or conditions.

Gender-Sensitive Addictions Counseling

A counseling approach that accounts for gender differences and specific issues in the treatment of addiction.

Hierarchical Counseling Relationship

A structured therapeutic relationship where the counselor maintains a position of authority or guidance over the client, often using a tiered approach to therapy.