Once an Equilibrium Is Achieved,it Can Persist Indefinitely Because

question 147

Multiple Choice

Once an equilibrium is achieved,it can persist indefinitely because

• A) shocks that shift the demand curve or the supply curve cannot occur.
• B) shocks to the demand curve are always exactly offset by shocks to the supply curve.
• C) the government never intervenes in markets at equilibrium.
• D) in the absence of supply/demand shocks no one applies pressure to change the price.