Multiple Choice
Which of the following is NOT a characteristic of a market in equilibrium?
A) There is neither excess supply nor excess demand.
B) Neither buyers nor sellers want the price to change.
C) Sellers can sell as many units as they want at the equilibrium price.
D) Buyers can buy as many units as they want at the equilibrium price.
Correct Answer:
Verified
Correct Answer:
Verified
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