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2 January, 02:21

Which of the following is NOT a characteristic of a market in equilibrium?

A. Excess supply is zero.

B. All consumers are able to purchase an amount equal to their quantity demanded.

C. Excess demand is zero.

D. The equilibrium price is stable, i. e., there is no pressure for it to change.

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  1. 2 January, 02:29
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    B. All consumers are able to purchase an amount equal to their quantity demanded.
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