Solved

A Market Comprised of a Downward-Sloping Demand Curve That Intersects

Question 49

Multiple Choice

A market comprised of a downward-sloping demand curve that intersects an upward-sloping supply curve is said to be stable because:


A) price will never change.
B) quantity will never change.
C) demand will never change.
D) at any price other than equilibrium, forces in the market move price towards the equilibrium.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions