Question 13

In the operation of market forces, the market is in equilibrium at the point where

  • A.Demand and supply curves intersect in more than one point provided the market is cleared
  • B.The excess in the market can be conveniently stored
  • C.Excess demand is negative
  • D.Demand and supply curves incorrect.
Objective

Question details

Exam body
FUTA
Subject
Economics
Year
2008/2009
Question no.
#13
Type
Objective

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