Final answer:
The statement is false because buyers may pay more than the equilibrium price in cases of product differentiation, limited supply, or time-sensitive needs, reflecting particular market conditions where the value of the product is perceived to be higher.
Step-by-step explanation:
The assertion that "In the goods market, no buyer would be willing to pay more than the equilibrium price" is inaccurate because market dynamics allow for scenarios where buyers may pay more. One such scenario is the presence of a product differentiation where goods are not perfectly substitutable, and buyers may have preferences for certain brands or features that compel them to pay a premium. Furthermore, in cases of shortage or limited supply, buyers may be forced to pay more if the demand exceeds the available goods at the equilibrium price. Lastly, time-sensitive situations could induce buyers to pay more to ensure immediate acquisition of the needed goods. Thus, it is possible for buyers to pay above the equilibrium price under specific market conditions.