Which of the following is true at the equilibrium price in a market a. Consumers who
Chapter 0, Problem 7(choose chapter or problem)
Which of the following is true at the equilibrium price in a market? a. Consumers who purchase the good may be better off buying something else instead. b. The market has not yet cleared. c. There is a tendency for the price to decrease over time. d. There may be either a surplus or a shortage of the good. e. The quantity demanded of the good equals the quantity supplied
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