Multiple Choice
When a market is not in equilibrium,then
A) it is always possible to identify unexploited opportunities.
B) consumers are satisfied with the market.
C) firms are satisfied with the market.
D) government intervention is necessary.
E) it will have a tendency to remain in disequilibrium.
Correct Answer:
Verified
Correct Answer:
Verified
Q87: Assume both the demand for,and the supply
Q88: The equilibrium principle states that<br>A) a market
Q89: Which of the following is NOT a
Q90: The supply curve illustrates that firms<br>A) increase
Q91: The supply and demand model is not
Q93: An increase in the quantity of tea
Q94: Suppose that the equilibrium price of pickles
Q95: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Assume that the
Q96: When we move down along a given
Q97: Which of the following is NOT a