Which of the following actions by an agent would most likely upset the sellers in a market?

• A. Accepting the listed price without negotiation
• B. Offering a price significantly lower than the market equilibrium price
• C. Providing positive feedback about the product
• D. Purchasing goods in bulk at the posted price

Answer: (B)

Verified step by step guidance

1. Step 1: Understand the concept of market equilibrium price, which is the price at which the quantity of goods buyers want to buy equals the quantity sellers want to sell.
2. Step 2: Recognize that sellers prefer transactions at or above the equilibrium price because it maximizes their revenue and profits.
3. Step 3: Analyze each action from the perspective of sellers: accepting the listed price, providing positive feedback, purchasing in bulk at the posted price, and offering a price significantly lower than the equilibrium price.
4. Step 4: Identify that offering a price significantly lower than the market equilibrium price means the buyer is trying to pay less than what sellers expect, which can reduce sellers' profits and upset them.
5. Step 5: Conclude that among the options, offering a price significantly lower than the market equilibrium price is the action most likely to upset sellers because it threatens their expected earnings.