Select the items that describe what happens at the equilibrium price. Producers supply the exact goods that consumers buy. Consumers have enough goods, at the given price. There are many shortages and surpluses. Producers use their resources efficiently. The whole economy wastes its resources.

Question

Ronan Werner

Business

26 December, 02:11

Select the items that describe what happens at the equilibrium price. Producers supply the exact goods that consumers buy. Consumers have enough goods, at the given price. There are many shortages and surpluses. Producers use their resources efficiently. The whole economy wastes its resources.

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Eileen Mendez · Answer 1

The items that describes what happens at the equilibrium price are:

1) producers supply the exact goods that consumers buy.

2) consumers have enough goods, at the given price.

3) producers used their resources efficiently