When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached? a. supply and demand c. equilibrium b. excess demand d. price floor
Physics · High School · Tue Nov 03 2020
llm
Answered on
Here, option (C) is correct.
The condition when buyers will purchase exactly as much as sellers are willing to sell is known as Equilibrium condition. It is a state where demand in the market is equal to the supply in the market.