Question

When the quantity supplied is the same as the quantity demanded, the market is __________.

A.
falling
B.
saturated
C.
balanced
D.
unstable


Please select the best answer from the choices provided

A
B
C
D

Answer 1

It is C, Just took the test.

Answer 2

C is the correct answer.

The better term for this, though, is market equilibrium. Which refers to a state of market balance.