If the Equilibrium Price Is Achieved, All Willing Demanders Become

question 122

True/False

If the equilibrium price is achieved, all willing demanders become buyers.

---

Definitions:

Debtor

An individual or entity that owes money to another party, often a lender or creditor.

Perfection

In the context of secured transactions, perfection is the legal process by which a secured creditor establishes its priority interest in the debtor's collateral over other claimants.

Legal Steps

Sequential actions or procedures that are taken in accordance with law to achieve a legal outcome, such as filing a lawsuit or executing a contract.

Collateral

Assets or property offered as security for the repayment of a loan, subject to seizure on default.