When All Markets Are in Simultaneous Equilibrium, the General Equilibrium

question 46

True/False

When all markets are in simultaneous equilibrium, the general equilibrium condition has been satisfied.

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Definitions:

Darwin's Finches

A group of bird species in the Galapagos Islands studied by Charles Darwin, which provided evidence for the process of natural selection.

Medium Ground Finch

A species of bird in the Galapagos Islands, known scientifically as Geospiza fortis, often studied for insights into evolutionary biology and natural selection.

Feeding Opportunities

The availabilities or instances in an animal's environment where it can consume food, which can be influenced by factors such as time of day, competition, and food type availability.

Geospiza Fortis

A species of bird in the Darwin's finch group, found in the Galapagos Islands, known for its variable beak size, which has been subject to natural selection studies.