Which of the Following Statements Is Not Correct About a Market

question 31

Multiple Choice

Which of the following statements is not correct about a market in equilibrium?

• A)The price determines which buyers and which sellers participate in the market.
• B)Those buyers who value the good more than the price choose to buy the good.
• C)Those sellers whose costs are less than the price choose to produce and sell the good.
• D)Consumer surplus will be equal to producer surplus.

---

Definitions:

Psychoanalysis

A therapeutic approach developed by Freud aiming at uncovering unconscious thoughts and motivations through techniques like dream interpretation and free association.

Free Association

A psychoanalytic therapy technique where patients express their thoughts freely, revealing unconscious thoughts and feelings.

Transference

A psychological phenomenon in which a patient unconsciously redirects feelings and attitudes from a past relationship onto a therapist or healthcare provider.