Saturday
October 25, 2014

Homework Help: Economics

Posted by Anonymous on Friday, September 25, 2009 at 6:57am.

The market is considered to be _____ (black market/equilibrium/disequilibrium/non-competitive) if quantity demanded does not equal quantity supplied.

I'm not sure what the answer is... I narrowed it down to either disequilibrium or non-competitive. Disequilibrium because Qd =/= Qs. Non-competitive because if it's not in equilibrium, then that means the firms are not price takers in the market.

What is the right answer?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

More Economics - I have an lazy instructor using test bank questions unrelated ...
Economics - Equilibrium is defined as the price at which the quantity demanded ...
economics please ? - When quantity supplied equals quantity demanded: A. there ...
economics - When quantity supplied equals quantity demanded: A. there is ...
More Economics - I have an lazy instructor using test bank questions unrelated ...
economics - Market research has revealed the following information about the ...
economics - The following information applies to the market for a particular ...
college finite math - The quantity demanded x each month of Russo Espresso ...
college math HELP!!!!! - The quantity demanded x each month of Russo Espresso ...
math HELP!! - The quantity demanded x each month of Russo Espresso Makers is 250...

Search
Members