Which of the Following Occurs When a Market Is in Equilibrium

question 385

Multiple Choice

Which of the following occurs when a market is in equilibrium?

• A) Quantity supplied is equal to quantity demanded.
• B) Supply is equal to demand.
• C) The price of the good will tend to rise, all else held constant.
• D) The price of the good will tend to fall, all else held constant.

---

Definitions:

Antecubital Space

The inner surface of the arm at the elbow, commonly used as a site for drawing blood or administering injections.

Subclavian Line

A type of intravenous line placed into the subclavian vein, often used for long-term medications or dialysis.

Eutectic Mixture

A mixture of two or more substances that melts or solidifies at a single temperature that is lower than the melting points of the individual substances.

Local Anesthetics

Drugs that cause temporary loss of sensation in a specific area of the body without affecting consciousness.