Which of the Following Is NOT True About the Equilibrium

question 315

Multiple Choice

Which of the following is NOT true about the equilibrium price?

• A) The price where a change in quantity supplied occurs.
• B) The price where the demand curve intersects the supply curve.
• C) The price where quantity demanded equals quantity supplied.
• D) The price where there is neither excess quantity demanded or excess quantity supplied.

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Definitions:

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Nonconscious memories that, while not presently accessible, can influence behavior and thought processes.

Ancestral Past

The history and lineage of one's predecessors or the evolutionary history of a species.

Moral Component

The element of decision making that pertains to what is right and wrong, ethical and unethical.

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