True/False
Equilibrium price is the prevailing market price at which consumers can buy an item.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: A country has a strong private sector,along
Q22: If the prices of substitute goods decrease,the
Q42: There is no direct competition in a
Q48: Describe the four categories of unemployment.
Q51: The federal government raises corporate taxes in
Q60: During a recession,which of the following businesses
Q70: If the number of buyers decreases,the demand
Q80: No country is an economic island in
Q107: Most industrialized nations operate economies based on
Q123: A particular industry has only a few