Question
When quantity demanded for a goodequals quantity supplied, what will happen to a market for thatgood? Quantity supplied will always increase as long as a
When quantity demanded for a goodequals quantity supplied, what will happen to a market for thatgood?
Quantity supplied will always increase as long as a profit can be made
Consumers will find other markets due to the shortage
Suppliers will supply fewer units in order to drive up price
The market is considered to be in equilibrium
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
