Top Posters
Since Sunday
s
3
v
3
p
3
m
2
s
2
d
2
N
2
d
2
e
2
s
2
s
2
e
2
New Topic  
cacerami cacerami
wrote...
Posts: 163
Rep: 0 0
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:
Read 47 times
1 Reply
Replies
Answer verified by a subject expert
cryzazncryzazn
wrote...
Posts: 157
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

cacerami Author
wrote...

A year ago
Thank you, thank you, thank you!
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  940 People Browsing
Related Images
  
 400
  
 54
  
 172
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4