Which Statement Is TRUE

question 186

Multiple Choice

Which statement is TRUE?

• A)The concept of equilibrium requires that all individuals have an equal amount of income.
• B)If a market is in equilibrium,the price in that market will not fluctuate by more than 5%.
• C)If a market is in equilibrium,there will be no remaining opportunities for individuals to make themselves better off.
• D)A market is in equilibrium when the number of buyers is equal to the number of sellers.

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