Which of the Following Is NOT a Characteristic of a Market

question 143

Multiple Choice

Which of the following is NOT a characteristic of a market in equilibrium?

• A)There is neither excess supply nor excess demand.
• B)Neither buyers nor sellers want the price to change.
• C)Sellers can sell as many units as they want at the equilibrium price.
• D)Buyers can buy as many units as they want at the equilibrium price.

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Definitions:

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On-Time Delivery

The measure of a supply chain or vendor's ability to deliver goods or services to customers as scheduled.

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A framework that combines financial and non-financial performance indicators to evaluate an organization's success in achieving strategic goals.

Strategy Map

A visual tool that represents a company's strategic goals and shows how they are connected or contribute to the overall success of the organization.