Final answer:
The statement is false because sellers may sell below the equilibrium price to clear inventory, meet competition, or improve cash flow, and market conditions or lack of perfect competition can influence pricing decisions.
Step-by-step explanation:
The statement, "In the goods market, no seller would be willing to sell for less than the equilibrium price," is false because the equilibrium price is the price at which the quantity demanded equals the quantity supplied. Sellers may be willing to sell for less than the equilibrium price for various reasons, such as clearing out excess inventory, responding to an increase in competition, or simply needing to liquidate assets quickly for cash flow reasons.
In some cases, market conditions might change rapidly, and sellers need to adjust prices accordingly to remain competitive or to avoid a surplus. Moreover, not all sellers have perfect knowledge or operate under perfect competition conditions, which contributes to price variability.