Economists Emphasize the Importance of Equilibrium in Markets Because

Multiple Choice

Economists emphasize the importance of equilibrium in markets because

A) trading in markets can only occur at the equilibrium price and quantity
B) the behavior of buyers and sellers will automatically guide the market toward the equilibrium price and quantity
C) all buyers and sellers are better off at the equilibrium point than any other price and quantity combination
D) it represents a compromise between sellers hoping for low prices and buyers searching for high prices
E) it is the only price-quantity combination that guarantees that the poorest members of society can purchase the good or service