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

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 Correct Answer 1, 2 and 4

Related Questions

Consider the Assertion (A) and Reason (R) and select the correct answer:
Assertion (A) If one premise is particular, the conclusion must be particular.
Reason (R) (i) An affirmative particular has no distributed terms, and a negative particular has an only one.
(ii) The premises cannot both be particular and thus must differ in quantity.