Kizspy | Question: 3 (Choose 1 answer)
Which of the following statements is correct?
A. In a market, the marginal buyer is the buyer, whose willingness to pay is higher than that of all other buyers and potential buyers.
B. In a market, the marginal buyer is the buyer, whose willingness to pay is lower than that of all other buyers and potential buyers.
C. In a market, the marginal buyer is the buyer, who is willing to buy exactly one unit of the good.
D. In a market, the marginal buyer is the buyer, who would be the first to leave the market if the price were any higher.
