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When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?

Asupply and demand
Cequilibrium
Bexcess demand
Dprice floor

Verified Answer :

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c. equilibrium

Equilibrium is when buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached


NOT:
a. supply and demand
b. excess demand
d. price floor

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