menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 4
  4. Exam
    Exam 4: Applications of Supply and Demand
  5. Question
    The Equilibrium Price Is Often Considered to Be "Just Right
Solved

The Equilibrium Price Is Often Considered to Be "Just Right

Question 2

Question 2

Multiple Choice

The equilibrium price is often considered to be "just right" because:


A) it equates the amount supplied with the amount demanded.
B) it does not result in a shortage.
C) it does not result in a surplus.
D) of all of the above.

Correct Answer:

verifed

Verified

Related Questions

Q1: A market price support policy for crops

Q3: The individual mandate provision of the Affordable

Q4: A cost that farm subsidies and price

Q5: Using a simple demand and supply model,

Q6: Which of the following would lead to

Q7: Use the following to answer question(s): Third-Party

Q8: Explain the reasons for the significant escalation

Q9: Those who make economic policy concerning price

Q10: Rent controls set a price ceiling below

Q11: A market price support policy establishes price

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines