According to the question, option d—a straight down demand curve and an equilibrium price greater than the marginal cost—is the correct response.
What does science mean when it refers to equilibrium?
In physics, a system is said to be in equilibrium when neither its actual energy state nor its state or motion tend to vary over time. In order to avoid falling over while moving or standing, both humans and animals have a physiological sense of balance.
What sort of equilibrium is that?
Several instances of equilibrium include: a book that is open and at rest. a vehicle that is going steadily. a chemical reaction that both the forward and backward rates of reaction are equivalent.
To know more about Equilibrium visit:
https://brainly.com/question/28527601
#SPJ4
