At equilibrium, quantity sold equals the quantity bought. This implies that
A) to sell more, producers require more in payment than consumers are willing to pay.
B) government regulation is necessary.
C) to sell less would require a lower price but would yield greater profit.
D) those who don't buy have been treated unfairly.
A
Economics
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Indicate whether the statement is true or false
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The false paradigm model attributes lack of development to
a. inadequate attention to price incentives. b. inappropriate advice from rich country economists. c. low levels of savings and investment. d. a lack of government regulation.
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