At market equilibrium

A) demand equals supply.
B) quantity demanded equals quantity supplied.
C) surpluses are greater than shortages.
D) shortages are greater than surpluses.

Answer: B

Economics

You might also like to view...

What is the difference between seasonal unemployment and structural unemployment?

What will be an ideal response?

Economics

Interest is paid to

A) all holders of stock. B) individuals who own gold. C) owners of capital. D) borrowers of funds.

Economics