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A market is said to be in equilibrium when

A market is said to be in equilibrium when Correct Answer Supply equals demand

A market is said to be in equilibrium when market demand is equal to market Supply.

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The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: The domestic equity market has become supervolatile  and converted the psychology of every market participant into fear. Greed and fear continue to alternate in the market, like the two sides of a coin. To a seasoned player, there seems to be nothing new as such instances of panic-selling often occur time and again. Why? Arguments: I. Since demonetisation, herd mentality had jacked up financials, banks and NBFC stocks to great heights on the pretext of financial inclusion and formalisation of the economy. This caused the financials gain disproportionate share in Nifty50 at 35 per cent of the free float market capitalisation, which was unheard of in the past.  II. The domestic market seems to be deeply oversold and can rebound on any good news. The Nifty50 has taken long-term support at the three-year trend line, which makes a case for the correction to near its end. III. Investors, therefore, should not panic and sell off shares. Instead they should do the reverse and gather the courage to pump in more money into the market by picking quality stocks or investing in ETFs for more stable returns. 
Which of the following statement(s) about the 'labour market' is/are true?
1. Like a commodity market, the relationship between a buyer and a seller in a labour market is temporary.
2. There is a diversity of wage rates in a labour market even for similar nature of work.
3. Monopoly in the labour market is extremely rare.
4. Monopsony referring to the buyer's control is more in the labour market.
Which of the following are the instruments or money market?
1. Call money market
2. Commercial bill market
3. Industrial securities market
4. Short-term loans market
5. Treasury bill market
In 2000, the market shares of the toilet soaps Margo, Palmolive and dove were 40%, 30% and 30% respectively. Starting from the next year, a new soap enters into the market each year and gets 10% of the market share. The existing soap share the remaining market share in the same ratio as they did in the previous year. What percent of the total market share will mango have in 2002?
In a town fair 50 people were asked which dessert they liked: ice cream, Donuts, or cupcakes. 28 said they like ice cream, 26 said they like donuts, and 26 said they like cupcakes. 8 said they like all three. 17 said they like donuts and cupcakes, 11 said they like ice cream and cupcakes. 5 said they do not like any of these. Find those people who liked ice cream and donuts but not cupcakes.
Marginal cost is equal to marginal revenue, average cost is equal to average revenue, average revenue is equal to marginal revenue and average cost is equal to marginal cost. This is the condition of
1. long period equilibrium for a firm under monopoly
2. short period equilibrium for a firm under oligopoly
3. long period equilibrium
4. long period equilibrium for a firm under perfect competitions
Select the correct answer
The marginal cost is equal is to marginal revenue, the average cost is equal to average revenue, average revenue is equal to marginal revenue, and the average cost is equal to marginal cost. This is the condition of
1. Long-period equilibrium for a firm under monopoly.
2. Short-period equilibrium for a firm under oligopoly.
3. Long-period equilibrium
4. Long-period equilibrium for a firm under perfect competition.
A particular price level, there are no forces tending to move it either up or down, it means
1. the firm is in equilibrium.
2. the price is in equilibrium.
3. the equilibrium price of the firm.
4. the equilibrium price and quantity of a firm.
Select the correct answer
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: India may become the second largest smartphone selling country in the world if the sales continue to grow at the current pace, said Raghu Reddy, head of category and online sales of Xiaomi India. Smartphone sales in 2017 grew around 10% in the country in 2017. "India could overtake the US market and become the second largest smartphone market globally after China at this rate of growth’,’ Reddy said adding that currently the growth is happening in the Rs. 10,000 to 20,000 price range.  Courses of action: I. Xiaomi, is currently the largest selling smartphone in the country with a growth of over 300% in 2017. It currently has a market share of over 30% including online and offline sales.  II. The company has ramped up its production facilities in the recent times in the country and now has six production facilities spread over Andhra Pradesh, Tamil Nadu and Uttar Pradesh.  III. Now the printed circuit board assembly (PCBA) used in smartphone, which accounts for 50% of the value of the phone, will be made in India
The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will_________.