This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When quantity supplied equals quantity demanded, there is: a. disequilibrium. b. excess quantity ... (Read 144 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
When quantity supplied equals quantity demanded, there is:
 a. disequilibrium.
 b. excess quantity supplied.
 c. a market-clearing price (equilibrium price).
  d. excess quantity demanded.
 e. a shortage.

Question 2

If equilibrium is present in a market:
 a. there is either a shortage or a surplus.
 b. the quantity demanded equals quantity supplied.
 c. the quantity demanded exceeds quantity supplied.
  d. the quantity supplied exceeds quantity demanded.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


jerry coleman

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you


ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t
Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b
Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ... Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ...
The oceans have absorbed 90% of excess energy The oceans have absorbed 90% of excess energy
The oceans continue to absorb most of the excess energy trapped by greenhouse gases The oceans continue to absorb most of the excess energy trapped by greenhouse gases
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
Video: Factors that influence muscle tension - Sarcomere length and force, understretched and overstretched

For a complete list of videos, visit our video library