Under Which of the Following Conditions,the Equilibrium Price Is Established

Under which of the following conditions,the equilibrium price is established?

A) Prevailing market price of an item is same as the price at which a consumer can buy the item
B) Demand curve and the supply curve are parallel to each other
C) Opportunity cost of a product is greater than its production cost
D) Production cost of an item is greater than its selling price

Correct Answer:

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