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All of the Following Apply to the Description of a Market

Question 1

Multiple Choice

All of the following apply to the description of a market in equilibrium except:


A) quantity supplied equals quantity demanded.
B) ​the intersection of the supply and demand curves.
C) ​ no excess supply exists.
D) ​no excess demand exists.
E) ​the price of the good is falling.
​

Correct Answer:

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