Multiple Choice
The equilibrium principle states that
A) a market out of equilibrium leaves no unexploited opportunities for individuals.
B) a market out of equilibrium provides the maximum economic surplus.
C) a market in equilibrium leaves no unexploited opportunities for individuals.
D) a market in equilibrium always leaves unexploited opportunities for individuals.
E) no markets are ever in equilibrium.
Correct Answer:
Verified
Correct Answer:
Verified
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