What Must Be True for a Consumer to Buy a Good

question 270

Multiple Choice

What must be true for a consumer to buy a good or service?

• A) The price must be equal to or less than the marginal benefit.
• B) The total benefit received must equal the total spent to buy the good or service.
• C) The consumer must be able to obtain some consumer surplus.
• D) The consumer must not be able to produce the product.
• E) The price must be equal to or greater than the marginal benefit.

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