If a market is in equilibrium, is it necessarily true that all buyers and sellers are satisfied

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If a market is in equilibrium, is it necessarily true that all buyers and sellers are satisfied with the market price? Briefly explain.

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 06:45 AM

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If a market is in equilibrium, is it necessarily true that all buyers and sellers are satisfied

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No It only means that consumers who are willing to pay ...View the full answer

Economics

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