The Term Equilibrium Refers to the Point Where

question 135

Multiple Choice

The term equilibrium refers to the point where:

• A)quantity supplied equals quantity demanded.
• B)buyers and sellers "agree" on the quantity of a good they are willing to exchange at a given price.
• C)the supply curve and demand curve intersect.
• D)All of these statements are true.

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Definitions:

Chromosomes

Rod-shaped structures in the nuclei of body cells, which contain all the genes and carry all the genetic information necessary to make a human being.

Monozygotic Twins

Twins who are genetically identical, resulting from the splitting of a single fertilized egg.

Genetically Identical

Describes organisms, such as twins or cells, that have exactly the same DNA.

Dizygotic Twins

Also known as fraternal twins, these are siblings born from two separate eggs fertilized by two different sperm, sharing about 50% of their DNA.