alleryStart learning →In a dynamic equilibrium, which stays unchanging?
ARatios of growing quantities
BEvery quantity's own level
CThe price level alone
DOnly the population level
Answer & Solution
Correct answer: A. Ratios of growing quantities
Variables may all grow at the same rate, which leaves their ratios constant.
Keep practising Supply
Browse all Supply questions for CA Foundation, or explore more Business Economics topics.
Related questions
Some heterodox economists say supply for mass-produced goods slopes how?Why do perishable farm goods reach markets in large quantities even at low prices just aftSupply is the amount sellers are what, at given prices?The supply of labour is time people will work as a function of what?How does a monopolistic firm prop up prices at its equilibrium?Economists caution against attaching what to an equilibrium price?The stability property says equilibrium is the outcome of what?In an equilibrium, no agent has an incentive to do what?