Question

If a market is in equilibrium loading...​, is it necessarily true that all potential buyers and sellers are satisfied with the market​ price? yes no

Answer 1

Answer:

The correct answer is: No.

Explanation:

Market equilibrium is a state of balance in supply and demand. In a graph, equilibrium takes place when the supply and demand curves intersect. At this point, consumers are getting the number of goods they want, suppliers are selling their goods and prices become stable. It does not necessarily mean that the buyers and sellers are satisfied with the price, but they are getting the number of goods they want at a reasonable price the sellers can offer them.