Multiple Choice
Which of the following is NOT a characteristic of a market in equilibrium?
A) Quantity demanded equals quantity supplied.
B) Excess supply is zero.
C) All consumers are able to purchase as much as they wish.
D) Excess demand is zero.
E) The equilibrium price is stable,i.E.
,there is no pressure for it to changE.
Correct Answer:
Verified
Correct Answer:
Verified
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