When a market is in equilibrium,the quantity:
A)demanded is equal to zero.
B)demanded is equal to quantity supplied.
C)demanded is greater than quantity supplied.
D)supplied is zero.

Question

Quizplus · Accepted Answer

In equilibrium, the quantity demanded by buyers is exactly equal to the quantity supplied by sellers, resulting in no surplus or shortage of goods. Therefore, choice B - demanded is equal to quantity supplied - is the correct answer.

When a Market Is in Equilibrium,the Quantity