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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #726174
Introduction to Economics 1 Deneme Sınavı Sorusu #726174
What does the term willingness to pay mean?
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The minimum price consumers will pay |
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The maximum price consumers will pay |
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The maximum price for a good in the market |
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The minimum price for a good in the market |
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The average price consumers will pay |
Yanıt Açıklaması:
The demand curve can also be called the willingness to pay curve. Willingness to pay tells us the maximum amount that a buyer will pay for a good or service. The correct answer is B.
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