Which of the Following Occurs When a Market Is in Equilibrium

question 66

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.

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Definitions:

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