In which of the following circumstances would a buyer be indifferent about buying a good?

a. The amount of consumer surplus the buyer would experience as a result of buying the good is zero.
b. The price of the good is equal to the buyer's willingness to pay for the good.
c. The price of the good is equal to the value the buyer places on the good.
d. All the above are correct.

To determine which of the circumstances would make a buyer indifferent about buying a good, let's analyze each option:

a. The amount of consumer surplus the buyer would experience as a result of buying the good is zero.
Consumer surplus is the difference between the price a buyer is willing to pay for a good and the actual price they pay. If the consumer surplus is zero, it means that the buyer is not gaining any additional benefit from purchasing the good. In this case, the buyer would be indifferent about buying the good since they wouldn't be getting any extra value from it.

b. The price of the good is equal to the buyer's willingness to pay for the good.
If the price of the good is exactly equal to the buyer's willingness to pay, it implies that the buyer is just meeting their own valuation of the good and not gaining any additional benefit or making any loss. In this case, the buyer would be indifferent about buying the good.

c. The price of the good is equal to the value the buyer places on the good.
When the price of the good is equal to the value the buyer places on it, it means that the buyer is willing to pay exactly what they believe the good is worth. In this case, the buyer doesn't perceive any additional benefit or loss from buying the good, so they would be indifferent about the decision.

d. All the above are correct.
If all of the above circumstances hold true, it means that the buyer is not gaining any consumer surplus, the price is exactly equal to their willingness to pay, and the price matches the value they place on the good. In this situation, the buyer would be completely indifferent about buying the good.

Based on these explanations, the correct answer would be option d, "All the above are correct."

Do a little research, then take a shot. what do you think?