Solved

Those Things Held Unchanged When an Equilibrium Price Is Established

Question 58

Multiple Choice

Those things held unchanged when an equilibrium price is established:


A) are called demand and supply shifters if a change in one (or more) of them would change demand or supply.
B) include only supply shifters.
C) seldom change, and therefore prices and quantity in most markets are remarkably stable.
D) never change, by definition.

Correct Answer:

verifed

Verified

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

Related Questions