When quantity supplied equals quantity demanded:

A. there is disequilibrium
B. the marked is cleared
C. there is excess quantity demanded.
D. there is excess quantity supplied

I'm stuck between C and D but I think it's D?

anyone know the answer?

When quantity supplied equals quantity demanded, it means that the supply and demand for a particular product or service are balanced. This is known as market equilibrium. At this point, both buyers and sellers are satisfied, and there is neither excess quantity demanded nor excess quantity supplied.

In the given options, the correct choice is B. The market is cleared, meaning that all the available quantity is bought by consumers and there is no remaining excess supply. This is the ideal situation for an efficient market where there is no shortage or surplus.

Option C suggests that there is excess quantity demanded. Excess quantity demanded occurs when the quantity demanded is greater than the quantity supplied, resulting in a shortage in the market.

Option D suggests that there is excess quantity supplied. Excess quantity supplied occurs when the quantity supplied exceeds the quantity demanded, resulting in a surplus in the market.

Therefore, the correct answer is B. The market is cleared when quantity supplied equals quantity demanded, indicating market equilibrium.