If the market for buffalo meat is in equilibrium,the price of buffalo meat will probably _____ in the near future.
A)increase
B)not change
C)decrease
D)increase considerably

Question

Quizplus · Accepted Answer

If the market for buffalo meat is in equilibrium, it means that the demand for buffalo meat is equal to the supply of buffalo meat at the current price. Therefore, there is no reason for the price of buffalo meat to increase or decrease in the near future. Hence, the best answer is B, which is "not change."

If the Market for Buffalo Meat Is in Equilibrium,the Price