
ECON MACRO 5th Edition by William McEachern
النسخة 5الرقم المعياري الدولي: 978-1305659094
ECON MACRO 5th Edition by William McEachern
النسخة 5الرقم المعياري الدولي: 978-1305659094 تمرين 14
MARKET EQUILIBRIUM Determine whether each of the following statements is true, false, or uncertain. Then briefly explain each answer.
a. In equilibrium, all sellers can find buyers.
b. In equilibrium, there is no pressure on the market to produce or consume more than is being sold.
c. At prices above equilibrium, the quantity exchanged exceeds the quantity demanded.
d. At prices below equilibrium, the quantity exchanged is equal to the quantity supplied.
a. In equilibrium, all sellers can find buyers.
b. In equilibrium, there is no pressure on the market to produce or consume more than is being sold.
c. At prices above equilibrium, the quantity exchanged exceeds the quantity demanded.
d. At prices below equilibrium, the quantity exchanged is equal to the quantity supplied.
التوضيح
a. In an equilibrium condition, there wi...
ECON MACRO 5th Edition by William McEachern
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