Multiple Choice
Suppose the market for coffee is in equilibrium at a price of $5 per pound.This means:
A) all producers who want to sell coffee earn a profit.
B) all potential producers not producing coffee require less than $5 to produce coffee.
C) all consumers who want to buy coffee are satisfied.
D) all potential consumers not buying coffee value a pound of coffee at less than $5.
Correct Answer:

Verified
Correct Answer:
Verified
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