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When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached? a. supply and demand c. equilibrium b. excess demand d. pr…

When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached? a. supply and demand c. equilibrium b. excess demand d. pr…
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1 vote
When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?

a. supply and demand
c. equilibrium
b. excess demand
d. price floor

asked
User Yogiginger
by
8.1k points

1 Answer

3 votes
c. equilibrium

Equilibrium is when buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached


NOT:
a. supply and demand
b. excess demand
d. price floor
answered
User Dave Pritlove
by
8.9k points
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