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cacerami cacerami
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A year ago
Which of the following statements is TRUE of equilibrium?

▸ In equilibrium, the opportunity cost of the choices made by each economic agent is zero.

▸ In equilibrium, all economic agents are choosing the best feasible option simultaneously.

▸ Economic agents have an incentive to divert from equilibrium.

▸ Each economic agent can reach equilibrium irrespective of the actions of others.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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cryzazncryzazn
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A year ago
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cacerami Author
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A year ago
Smart ... Thanks!
lipop
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Yesterday
Helped a lot
fgarza2146
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2 hours ago
You make an excellent tutor!
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