Final answer:
The statement that suppliers lower prices when not satisfied is generally false; suppliers and demanders work under supply and demand dynamics to reach equilibrium prices. The claim that no buyer would pay more than the equilibrium price is incorrect, as buyers may value goods higher due to urgency or prestige.
Step-by-step explanation:
The statement "When suppliers are not satisfied, they lower their prices to attract more demanders" is generally false. In a free market, prices are determined by supply and demand. When there is an excess of goods on the market, which suggests that supply exceeds demand, suppliers may lower their prices to attract more consumers and clear their inventory. On the other hand, when consumers demand more goods than are available, this scarcity tends to drive prices up. Suppliers then have additional incentives to enter the market and increase production to meet demand, potentially returning the market to an equilibrium where supply equals demand, and where no buyer would need to pay more than the equilibrium price.
The reason why the statement "In the goods market, no buyer would be willing to pay more than the equilibrium price" is false is because there can be instances where the perceived value of a good to a consumer is higher than the equilibrium price, which could be due to factors like urgency, perceived prestige, or temporary shortages, prompting them to pay more than the equilibrium price.