Market equilibrium occurs when
A) Demand equals supply
B) Quantity demanded equals quantity supplied
C) The consumer expectations matches producer's expectations
D) Efficiency and equal distribution is achieved
Correct Answer:
Verified
Q5: Which of the following is a correct
Q6: Factors that explain the Law of Supply
Q7: Demand shows the relationship between
A)price and transaction
Q8: This occurs when producers increase production and
Q9: Changes in the price of a good
Q11: If the demand for memory cards increases
Q12: Which of the following would not result
Q13: The Law of Supply
A)States there is a
Q14: Of the following which does not contribute
Q15: A market
A)describes the decision making process of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents