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When a market is in equilibrium
  • a)
    Quantity demanded equals quantity supplied
  • b)
    Excess demand and excess supply are zero
  • c)
    The market is cleared by the equilibrium price
  • d)
    All of the above
Correct answer is option 'D'. Can you explain this answer?
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When a market is in equilibriuma)Quantity demanded equals quantity suppliedb)Excess demand and excess supply are zeroc)The market is cleared by the equilibrium priced)All of the aboveCorrect answer is option 'D'. Can you explain this answer?
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When a market is in equilibriuma)Quantity demanded equals quantity suppliedb)Excess demand and excess supply are zeroc)The market is cleared by the equilibrium priced)All of the aboveCorrect answer is option 'D'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about When a market is in equilibriuma)Quantity demanded equals quantity suppliedb)Excess demand and excess supply are zeroc)The market is cleared by the equilibrium priced)All of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When a market is in equilibriuma)Quantity demanded equals quantity suppliedb)Excess demand and excess supply are zeroc)The market is cleared by the equilibrium priced)All of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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