Which of the Following Is NOT a Characteristic of a Market

question 52

Multiple Choice

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

• A)Excess supply is zero.
• B)All consumers are able to purchase an amount equal to their quantity demanded.
• C)Excess demand is zero.
• D)The equilibrium price is stable, i.e., there is no pressure for it to change.

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Definitions:

ICD-9-PCS

International Classification of Diseases, Ninth Revision, Procedure Coding System; a coding system used to classify procedures for billing and statistical purposes in healthcare.

ICD-10-PCS

The International Classification of Diseases, Tenth Revision, Procedure Coding System; a coding system for documenting procedures in healthcare settings.

First Character

The initial symbol or letter in a sequence or string of characters, often significant in programming and data processing.

ICD-9-CM

The International Classification of Diseases, Ninth Revision, Clinical Modification; a system used in the United States for coding and classifying mortality and morbidity data until its replacement by ICD-10-CM.