Multiple Choice
A market comprised of a downward-sloping demand curve and 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) supply will never change.
E) at any price other than equilibrium,forces in the market move the price towards the equilibrium.
Correct Answer:
Verified
Correct Answer:
Verified
Q65: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -As the price
Q66: When we move down along a given
Q67: Without the aid of a graph,one can
Q68: Suppose that the demand curve for a
Q69: An economic model used to analyze the
Q71: Suppose that a recent,widely-circulated medical article reports
Q72: The most important determinant of the supply
Q73: The most likely explanation for the continued
Q74: Suppose that the demand curve for a
Q75: Increases in the prices firms pay for