menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Microeconomics Study Set 1
  4. Exam
    Exam 30: Exchange-Part A
  5. Question
    From Walras's Law It Follows That in a Market with Two
Solved

From Walras's Law It Follows That in a Market with Two

Question 38

Question 38

True/False

From Walras's law it follows that in a market with two goods, if demand equals supply in one market, then demand must equal supply in the other market.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q33: Adelino and Benito consume only two goods,

Q34: Arturo and Belen consume only two goods,

Q35: Dan and Marilyn consume two goods, x

Q36: If the assumptions of the first theorem

Q37: Astrids utility function is U(H A, C

Q39: Kens utility function is U(Q K, W

Q40: A competitive equilibrium allocation must be a

Q41: In a competitive pure exchange economy, if

Q42: Xavier and Yvette are the only two

Q43: The second welfare theorem of economics states

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines