When a Market Is in Equilibrium

question 130

Multiple Choice

When a market is in equilibrium,

• A)the supply curve has the same slope as the demand curve.
• B)everyone has all they want of the commodity in question.
• C)the number of buyers is exactly equal to the number of sellers.
• D)there is no shortage and no surplus at the equilibrium price.

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Definitions:

Postpartum Psychosis

A severe mental illness that can occur in the first few weeks after childbirth, characterized by hallucinations, delusions, and irrational behavior.

Postpartum Depression

A type of depression that can occur after childbirth, characterized by sadness, anxiety, and fatigue.

Delusional Behavior

Engagement in actions or beliefs based on false perceptions or judgments, often seen in various types of psychiatric disorders.

Baby Blues

A common condition that affects new mothers, characterized by mild depressive symptoms and emotional instability, usually resolving within two weeks after childbirth.