If a Market Is in Equilibrium, Then We Know That

question 73

Multiple Choice

If a market is in equilibrium, then we know that price equals marginal benefit because

• A)the market supply curve reflects marginal cost.
• B)marginal benefit never changes.
• C)the market demand curve reflects marginal benefit.
• D)consumers are required by law to equate marginal benefit to price.
• E)every consumer experiences the same benefits.