Question

At the equilibrium price, resources are

Answer 1

Hello!

The correct answer is "At the equilibrium price, resources are not wasted and consumers have enough goods and services."

The equilibrium price is the perfect price where supply and demand meet. This is when the amount of goods and services supplied are exactly the amount that are demanded by the consumers. This means that there is no surplus and no underproduction of goods and services.

I hope this helps you! Have a lovely day!

- Mal