Wednesday 6 June 2012

At a product’s equilibrium price

At a product’s equilibrium price
A. the quantity of the product demanded is less than the quantity of the product supplied.
B. the product’s demand curve crosses the product’s supply curve.
C. the quantity of the product demanded is greater than the quantity of the product supplied.
D. the product’s demand curve is the same as the product’s supply curve.
 

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