question archive When quantity demanded in a market equals quantity supplied, then the: a) equilibrium price is less than expected by buyers

When quantity demanded in a market equals quantity supplied, then the: a) equilibrium price is less than expected by buyers

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When quantity demanded in a market equals quantity supplied, then the:

a) equilibrium price is less than expected by buyers.

b) market is in temporary disequilibrium.

c) market is in equilibrium.

d) market will not clear without further price adjustments.

Option 1

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