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When supply equals demand: a surplus occurs. a shortage occurs. market equilibrium occurs. None of these choices are correct.

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asked Jul 15, 2022 234k views

3 votes

When supply equals demand:

a surplus occurs.

a shortage occurs.

market equilibrium occurs.

None of these choices are correct.

Advanced Placement
college

Mustafa Magdy asked

by Mustafa Magdy

7.9k points

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2 Answers

6 votes

Answer:

When supply equals demand market equilibrium occurs.

Mark Needham answered Jul 18, 2022

by Mark Needham

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3 votes

Answer:

$if \: supply \: is \: equal \: to \: demand \: it \: makes \\ \: market \: equilibrium \: \\ other \: wise \: market \: will \\ \: be \: surplus \: or \: shortage \\ thank \: you$

Shazz answered Jul 22, 2022

by Shazz

7.6k points

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When supply equals demand: a surplus occurs. a shortage occurs. market equilibrium occurs. None of these choices are correct.

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