Multiple Choice
If a market is NOT in equilibrium, then which of the following is likely to occur?
A) The price will adjust to bring the market to equilibrium.
B) The supply curve will shift to bring the market to equilibrium.
C) The demand curve will shift to bring the market to equilibrium.
D) Both A and B are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q66: If demand increases and supply decreases, what
Q67: You observe that in the market for
Q68: The price of jet fuel falls. This
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -The figure illustrates
Q70: During the last decade, the price of
Q72: Ham and eggs are complements. If the
Q73: The opportunity cost of a hot dog
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q254: For consumers, chocolate chip cookies and doughnuts
Q411: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table