At the equilibrium price, all consumers who want to buy a good at that price are able to find a seller willing to sell at that price.

Name: At the equilibrium price, all consumers who want to buy a good at that price are able to find a seller willing to sell at that price.
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Question

Quizplus · Accepted Answer

At the equilibrium price, the quantity demanded equals the quantity supplied, meaning that all consumers who want to buy the good at that price are able to find a seller willing to sell at that price. Thus, the statement is true.

At the Equilibrium Price, All Consumers Who Want to Buy