Which of the Following Is NOT a Characteristic of a Market

question 66

Multiple Choice

Which of the following is NOT a characteristic of a market in equilibrium?

• A) Quantity demanded equals quantity supplied.
• B) Excess supply is zero.
• C) All consumers are able to purchase as much as they wish.
• D) Excess demand is zero.
• E) The equilibrium price is stable,i.e. ,there is no pressure for it to change.

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Definitions:

Relationship Patterns

Repeated ways in which an individual interacts and forms connections with others, often based on past experiences.

Cognitive Therapy

A type of psychotherapy focused on changing negative thoughts and beliefs to improve emotional well-being and behavior.

Transference

A psychological phenomenon where emotions, desires, and expectations originally associated with one person are unconsciously transferred onto another person, especially in psychoanalytic contexts.

Resistance

In psychoanalysis, the blocking from consciousness of anxiety-laden material.