At the market equilibrium
A) quantity exceeds price
B) excess demand equals excess supply (and both are zero)
C) price and quantity are equal
D) each seller produces at full capacity
E) everyone who is represented along the demand curve buys the good

Question

Quizplus · Accepted Answer

At market equilibrium, the quantity demanded equals the quantity supplied, meaning there is no excess demand or excess supply, both being zero.

At the Market Equilibrium