Multiple Choice
What is the price at which the quantity of goods demanded and the quantity of goods supplied are equal?
A) The going rate
B) The margin rate
C) The market price
D) The optimum price
E) The cost price
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q82: When making decisions about production and allocation,which
Q83: Which term refers to the pattern of
Q84: Physical resources include the data and other
Q85: Describe the role of information resources in
Q86: What are the benefits of business for
Q88: What is the environment where a firm
Q89: The idea that individuals would contribute according
Q90: What is the condition in an economic
Q91: When a new product has high demand
Q92: What is the economic condition characterized by