107 725
Assignments Done
96.6%
Successfully Done
In April 2024
In April 2024
Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Physics
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Math
Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends.
Programming
Answer to Question #15299 in Macroeconomics for Wish List
Question #15299
2. Market equilibrium occurs when:
A) there is no incentive for prices to change in the market.
B) quantity demanded equals quantity supplied.
C) the market clears.
D) there is no incentive for prices to change in the market, quantity demanded equals
quantity supplied, and the market clears.
A) there is no incentive for prices to change in the market.
B) quantity demanded equals quantity supplied.
C) the market clears.
D) there is no incentive for prices to change in the market, quantity demanded equals
quantity supplied, and the market clears.
Expert's answer
The correct answer is D. The system is in equilibrium when there is no tendency
for it to change under existing conditions. Market equilibrium exists when
quantity supplied is equal to quantity demanded. When a market is in
equilibrium, there is no tendency for the market price to change. In other
words, the equilibrium price is stable under the existing market conditions.
for it to change under existing conditions. Market equilibrium exists when
quantity supplied is equal to quantity demanded. When a market is in
equilibrium, there is no tendency for the market price to change. In other
words, the equilibrium price is stable under the existing market conditions.
Learn more about our help with Assignments: Macroeconomics
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
#339914 on Dec 2023
#339914 on Dec 2023
Comments
Leave a comment