A condition in a market where quantity demanded equals quantity supplied is called
A) a shortage.
B) a surplus.
C) market equilibrium.
D) All of the above are possible correct answers.
C
Economics
You might also like to view...
From the passage of the 16th amendment to the U.S. Constitution, income taxes became the primary source of income for the United States.
Answer the following statement true (T) or false (F)
Economics
If the market does not allocate resources perfectly, the government can.
A. True B. False C. Uncertain
Economics