Question: If a market is in equilibrium, is it necessarily true that all buyers and sellers are satisfied with the market price? Briefly explain.
If a market is in equilibrium, is it necessarily true that all buyers and sellers are satisfied with the market price? Briefly explain.
Step by Step Solution
3.27 Rating (168 Votes )
There are 3 Steps involved in it
No It only means that consumers who are willing to pay ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1347-B-A-A-M-E(106).docx
120 KBs Word File
