Equilibrium Is the Condition That Exists

question 16

Multiple Choice

Equilibrium is the condition that exists

• A)when quantity demanded equals quantity supplied.
• B)when the demand curve intersects the price axis.
• C)when the demand curve intersects the quantity axis.
• D)whenever there is no government intervention in the market.

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Definitions:

Recall

The act of retrieving information or memories from the past, without the aid of specific cues for what is being remembered.

Proactive Interference

A phenomenon in memory research where older information interferes with the recall of newer information.

Retroactive Interference

An occurrence where newly acquired knowledge hampers the retrieval of information learned earlier.

Encoding Failure

A phenomenon where the brain fails to create a memory link for information, making it difficult to remember later.