6. The best definition of equilibrium is:
n. a point where there is no tendency toward change
...
6. The best definition of equilibrium is:
n. a point where there is no tendency toward change
b. the point where output occurs within a market
c. when the economy is producing along its PPC
d. the condition that determines the price in a market
e. both b and d are correct
Answers: 3
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