Introduction to Economics 1 Deneme Sınavı Sorusu #712999

10. Which of the following defines market equilibrium?

The supply curve shifting to the right.

Changes in price causing a change in the quantity supplied.

The price level at which demand and supply curves meet.

A number of non-price factors determining supply

Individual supply curves starting at a positive point on the y-axis

Yanıt Açıklaması:

By market equilibrium, economists think of the price level at which demand and supply curves meet. At that price level the quantity demanded will be equal to the quantity supplied. As it is understood from the information given the correct answer is "C".

PAYLAŞ:

SORUNUN CEVABI: C

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