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AndrewKraus AndrewKraus
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6 years ago
Which of the following best describes equilibrium?
A) A situation where the government intervenes to allocate resources
B) A situation where only one individual or firm takes an optimum decision
C) A situation where no economic agent would benefit by changing his or her behavior
D) A situation where economic agents do not optimize as they do not have perfect information
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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6 years ago
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AndrewKraus Author
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6 years ago
I'll share this with my friends, thank you for being there
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