Solved

When a Market Equilibrium Is Achieved

Question 78

Multiple Choice

When a market equilibrium is achieved,


A) those who are willing to pay the most for the good obtain it.
B) government regulation will have succeeded.
C) anyone who has the skills to produce the good sells some.
D) shortages and surpluses become minor.
E) anyone who is willing to pay anything for the good obtains it.

Correct Answer:

verifed

Verified

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

Related Questions