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9. Search costs are (1) The point at which quantity demanded and quantity supplied are equal. (2) The financial and opportunity costs consumers pay when looking for a good or service. (3) A situation in
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9. Search costs are

(1) The point at which quantity demanded
and quantity supplied are equal.
(2) The financial and opportunity costs
consumers pay when looking for a good or
service.
(3) A situation in which quantity supplied is
greater than quantity demanded; also
known as excess supply.
(4) A situation in which quantity demanded
is greater than quantity supplied; also
known as excess demand.

User Bennett Keller
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1 Answer

4 votes

Answer:

The answer is the second one

Step-by-step explanation:

Hopes this helps

User Moesef
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