Question: answer the question, need answer only Question 44 Competitive market equilibrium Not yet answered a. is determined by the intersection of the market demand and

answer the question, need answer only Question 44 Competitive market equilibrium

answer the question, need answer only

Question 44 Competitive market equilibrium Not yet answered a. is determined by the intersection of the market demand and supply curves. Marked out of 1.000 b. implies that quantity supplied is sufficiently larger than quantity demanded. P Flag c. is determined by the intersection of the excess demand and excess supply curves. question d. implies that quantity demanded is sufficiently larger than quantity supplied. e. None of the above Question 45 Holding the other determinants of supply constant, what would a change in price do? Not yet answered a. result in a change in supply Marked out of 1.000 b. have no effect on the quantity supplied P Flag O c. result in a shift of demand question d. result in a movement along a stable supply curve e. None of the above

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