A Price at Which Quantity Demanded Equals Quantity Supplied

question 35

Multiple Choice

A price at which quantity demanded equals quantity supplied

• A)will cause a shift in demand.
• B)is an equilibrium price.
• C)could not possibly exist in the short run.
• D)is below the equilibrium price.
• E)is above the equilibrium price.

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Definitions:

Direct View

Observing or inspecting something directly rather than through an intermediary device or process.

Colposcope

A medical diagnostic device used to closely examine the cervix and vagina for signs of disease.

Cervix

The narrow passage forming the lower end of the uterus, connecting it with the vagina.

CEA

An abbreviation for Carcinoembryonic Antigen, a protein normally present at very low levels in the blood but which can be elevated in certain types of cancer.