why would a buyer be willing to pay more than the equilibrium price?

3 Answers

  • Zirp
    Lv 7
    3 weeks ago

    To prevent somebody else from buying it

    To flaunt their own wealth

  • Oiy
    Lv 4
    3 weeks ago

    In economics, it's called preference. If the seller knows the trick, it will rob the consumer surplus as soon as possible.

  • Anonymous
    3 weeks ago

    They really want it or really  need it.

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