In a Market, the Equilibrium Condition Is Given by the Following

question 148

Multiple Choice

In a market, the equilibrium condition is given by the following:

• A) quantity demanded = quantity supplied
• B) quantity demanded × quantity supplied
• C) quantity demanded / quantity supplied
• D) price × quantity demanded = quantity supplied

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Definitions:

Checking Rituals

Repetitive behaviors or mental acts that individuals feel compelled to perform to relieve anxiety, often associated with OCD.

Trust

Reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence.

Memory

The cognitive procedure of converting, holding, and accessing information.

Intelligence

The ability to acquire and apply knowledge and skills, involving cognitive functions such as perception, reasoning, and problem-solving.