If Equilibrium Is Present in a Market

question 168

Multiple Choice

If equilibrium is present in a market,

• A) there is generally either a shortage or a surplus.
• B) quantity demanded equals quantity supplied.
• C) quantity demanded exceeds quantity supplied.
• D) quantity supplied exceeds quantity demanded.

---

Definitions:

Imitation

The act of copying or mimicking the actions, speech, or behavior of others as a method of learning or social interaction.

Indirect Commands

Instructions or commands that are not expressed directly, often used in communication to suggest or imply what should be done without stating it openly.

Grammatical Errors

Mistakes made in the use of grammar, affecting the correctness and clarity of sentences.

Speech Patterns

The distinctive ways in which people use language and vocal sounds to communicate, often influenced by cultural, social, and individual factors.