The Equilibrium Price Is Often Considered to Be "Just Right

question 2

Multiple Choice

The equilibrium price is often considered to be "just right" because:

• A) it equates the amount supplied with the amount demanded.
• B) it does not result in a shortage.
• C) it does not result in a surplus.
• D) of all of the above.

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Definitions:

Red Triangle

An area in the Pacific Ocean off the coast of Northern California noted for a high number of unprovoked shark attacks.

Safest Location

The area determined to have the lowest risk or threat to human life and property in the context of natural disasters or emergencies.

Houses

Structures serving as living quarters for one or more persons, especially for a family.

Numbered Features

Numerical identifiers assigned to specific geographical or astronomical features for the purpose of cataloging and referencing.