On a supply-and-demand diagram, quantity demanded equals quantity supplied
A) only at the single equilibrium price.
B) at every price at or above the equilibrium price.
C) at every price at or below the equilibrium price.
D) at every price.
A
Economics
You might also like to view...
Figure 4.3 illustrates the demand for tacos. An increase in price of tacos would bring about a movement from
A) point a to point c. B) point c to point a. C) D2 to D0. D) D0 to D1.
Economics
Your purchase in a downtown Cincinnati leather shop of an Italian-made Gucci purse would be classified in the U.S. GDP accounting as
a. an addition to inventory b. an investment good c. a domestic good d. an import e. an export
Economics