When quantity demanded is equal to quantity supplied there is

__________ is defined as the price received by firms for selling their good minus the lowest price that they are willing to accept to produce to good .

__________ refers to producing the combination of goods wanted by society .

A vertical Supply curve ,as price increases the quantity supplied

At the _________ ,the quantity consumers are willing and able to buy is exactly equal to the quantity firms are willing and able to sell .

What does 'willing' means ?

Who gave ceteris paribus assumption ?

______________ refers to the well beings of society .

A rightward shift of the curve is called an

A __________ is a payment made to firm by the government .