When a market is not in equilibrium a. government intervention is required to achieve equilibrium. b. consumers will organize into special interest groups to promote their agenda. c. firms will increase contributions to political action committees. d. the economic motives of sellers and buyers will move the market to its equilibrium. e. it will simply stay in a state of disequilibrium
When a market is not in equilibrium a. government intervention is required to achieve equilibrium. b. consumers will organize into special interest groups to promote their agenda. c. firms will increase contributions to political action committees. d. the economic motives of sellers and buyers will move the market to its equilibrium. e. it will simply stay in a state of disequilibrium
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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why is the answer ia A
When a market is not in equilibrium a. government intervention is required to achieve equilibrium. b. consumers will organize into special interest groups to promote their agenda. c. firms will increase contributions to political action committees. d. the economic motives of sellers and buyers will move the market to its equilibrium. e. it will simply stay in a state of disequilibrium.
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