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When are equilibrium prices achieved? A. when demand is greater than supply *** B. when sellers break even C. when supply equals demand D. when supply is greater than demand is my answer correct?
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5 votes
When are equilibrium prices achieved?

A.
when demand is greater than supply ***

B.
when sellers break even

C.
when supply equals demand

D.
when supply is greater than demand

is my answer correct?

User Fibbs
by
6.2k points

1 Answer

6 votes

Answer:

No, I believe that the correct answer is C. since the word Equilibrium is meaning "a state in which opposing forces or influences are balanced."

Step-by-step explanation:

User Kokaubeam
by
6.2k points
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