The equilibrium market price is determined at a point where?
A.
consumers can buy all they desire
B.
sellers can dispose of all their wares
C.
the price is moderate
D.
quantity consumers desires equal quantity sellers offer
E.
sellers and buyers are not quarrelling
Correct Answer: Option D
Explanation
The equilibrium market price is reached at a point where, the market price at which the quantity demanded and the quantity supplied of a good are equal to one another.
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