ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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where supply and demand intersect
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where QS = QD
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no shortage and no surplus
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all of these
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Detailed explanation-1: -The three characteristics of equilibrium are: The forward rate and the reverse rate should be the same. The value of the equilibrium constant does not change at a given temperature but changes as the value of temperature changes. There is no effect on equilibrium by the use of catalyst.
Detailed explanation-2: -A catalyst does not have the position of equilibrium. But it affects the rate at which the equilibrium attained. Equilibrium state can only be achieved if a reversible reaction is carried out in a closed space. Therefore, option (D) is the correct answer.
Detailed explanation-3: -Factors affecting equilibrium The factors that can influence equilibrium are change in concentration, change in pressure (or volume), and change in temperature.
Detailed explanation-4: -It has a definite value for every chemical reaction at a particular temperature. It is independent of the initial concentrations of the reacting species. It changes with the change in the temperature. It depends on the nature of the reaction. More items •02-Apr-2020