Which of Following Is NOT True of an Equilibrium Price

Multiple Choice

Which of following is NOT true of an equilibrium price?

A) Consumers who are willing to pay the equilibrium price can acquire the good.
B) It measures the value of the last unit sold to consumers.
C) It is always a fair price.
D) Firms who are willing to accept the equilibrium price can sell what they produce.
E) It measures the cost of resources required to produce the last unit.