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Market Equilibrium I.can Never Occur Because There Are Always People Who Want

Question 328

Multiple Choice

Market equilibrium
i.can never occur because there are always people who want a good but cannot afford it.
ii.occurs at the intersection of the supply and demand curves.
iii.is the point where the price equals the quantity.


A) ii only
B) iii only
C) ii and iii
D) i only
E) i and ii

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