Final answer:
The statement is false as buyers might pay more than the equilibrium price due to factors like high demand, brand loyalty, product uniqueness, or auction dynamics.
Step-by-step explanation:
The statement "In the goods market, no buyer would be willing to pay more than the equilibrium price" is false because there are various reasons why a buyer might be willing to pay more than the equilibrium price. For example, if the product is unique or in high demand and short supply, buyers may pay a premium to secure it. Alternatively, factors such as brand loyalty, product differentiation, or a lack of awareness about the equilibrium price might lead consumers to willingly pay more. Moreover, in certain markets, such as those involving auctions, the very nature of the transaction might drive prices above equilibrium due to competitive bidding.