4 Which of the following are true when a market is in equilibrium? Select all that apply. the market will remain in equilibrium forever excess supply cancels out excess demand O excess supply is zero excess demand is zero

4 Which of the following are true when a market is in equilibrium? Select all that apply. the market will remain in equilibrium forever excess supply cancels out excess demand O excess supply is zero excess demand is zero

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter4: Markets In Action

Section: Chapter Questions

Problem 2SQ

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Question

Which of the following are true when a market is in equilibrium?
Select all that apply:
the market will remain in equilibrium forever
excess supply cancels out excess demand
excess supply is zero
excess demand is zero

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