All of the following conditions,except one,are satisfied when a perfectly competitive market is in short-run equilibrium.Which is the exception?
A) No firm is suffering an economic loss.
B) Each buyer purchases the quantity he wants at the market price.
C) Each seller produces the quantity she wants at the market price.
D) Suppliers want to sell the same quantity that buyers want to purchase.
E) The market coordinates the independent decisions of all the participants.
Correct Answer:
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