Final answer:
The statement is false because sellers might sell goods for less than the equilibrium price to clear excess inventory, penetrate a market, or because of decreased costs, despite the equilibrium price being a point of market balance.
Step-by-step explanation:
Why Sellers Might Sell for Less than the Equilibrium Price:-
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 where the quantity demanded equals the quantity supplied. However, sellers might be willing to sell for less than the equilibrium price for several reasons. One reason could be to clear excess inventory that could lead to storage costs or potential obsolescence. Another reason could be to enter or expand within a market, using a lower price point to attract customers and gain market share. Lastly, a seller's costs might decrease, allowing them to profit from selling at a price lower than the equilibrium without suffering losses. Therefore, while the equilibrium price might suggest a balance or 'ideal' price, market conditions, goals, and costs can motivate sellers to adjust their prices in response to various factors.