Which of the Following Statements Describes Equilibrium in a Market

question 69

Multiple Choice

Which of the following statements describes equilibrium in a market?

• A) At equilibrium, quantity demanded equals quantity supplied.
• B) Equilibrium is a tendency for price to change, a state of perpetual motion.
• C) At equilibrium, there will always be a surplus for consumers to purchase.
• D) At equilibrium, market forces no longer apply.

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