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  3. Study Set
    Macroeconomics Study Set 40
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    Exam 3: Demand and Supply
  5. Question
    When a Market Is in Equilibrium
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When a Market Is in Equilibrium

Question 3

Question 3

Multiple Choice

When a market is in equilibrium,


A) the supply curve has the same slope as the demand curve.
B) the number of buyers is exactly equal to the number of sellers.
C) everyone has all they want of the commodity in question.
D) there is no shortage and no surplus at the equilibrium price.

Correct Answer:

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