The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market because it guarantees that all mutually beneficial transactions will happen. C. maximizes the total surplus of the market because it guarantees that all mutually beneficial transactions will happen. D. is a short run phenomena that only happens when consumers and producers are in equilibrium.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market because it ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market because it guarantees that all mutually beneficial transactions will happen. C.