When a market is in equilibrium,
a. quantity demanded equals quantity supplied
b. quantity demanded exceeds quantity supplied
c. the demand curve is identical to the supply curve
d. the economy must be at a point along the production possibilities frontier
e. the law of demand is equivalent to the law of supply
A
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A) raise; lowering B) raise; raising C) lower; lowering D) lower; raising
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a. True b. False Indicate whether the statement is true or false
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