Market equilibrium guarantees that all mutually beneficial transactions take place.

Name: Market equilibrium guarantees that all mutually beneficial transactions take place.
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Question

Quizplus · Accepted Answer

Market equilibrium occurs when the demand and supply are balanced, resulting in the optimal price and quantity of a good or service. At this point, all mutually beneficial transactions between buyers and sellers will occur without anyone being worse off. Therefore, option A is correct.

Market Equilibrium Guarantees That All Mutually Beneficial Transactions Take Place