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Title: Which of the following statements correctly describes perfectly competitive market equilibrium? Post by: AndrewKraus on May 22, 2017 Which of the following statements correctly describes perfectly competitive market equilibrium?
A) Deviations from equilibrium are temporary and equilibrium is automatically restored. B) Government intervention is necessary for the market to reach equilibrium. C) There is always excess supply or excess demand when the market is in equilibrium. D) Multiple equilibriums are possible for a given set of demand and supply curves. Title: Re: Which of the following statements correctly describes perfectly competitive market ... Post by: lostein on May 22, 2017 Content hidden
Title: Re: Which of the following statements correctly describes perfectly competitive market equilibrium? Post by: AndrewKraus on Jun 24, 2017 Needed this for my economics assignment, thanks
Title: Re: Which of the following statements correctly describes perfectly competitive market equilibrium? Post by: leticia lopes on Nov 26, 2020 thank you
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