Equilibrium is defined as:
a. marginal cost equals marginal revenue.
c. any point alo...
Equilibrium is defined as:
a. marginal cost equals marginal revenue.
c. any point along the production possibilities curve.
b. excess supply equals excess demand.
d. quantity demanded equals quantity supplied. user: equilibrium is defined as:
a. marginal cost equals marginal revenue.
c. any point along the production possibilities curve.
b. excess supply equals excess demand.
d. quantity demanded equals quantity supplied.
Answers: 2
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