Discuss CIPS A6 Exam Topic 1 Question 41

Which of the following best describes the concept of price equilibrium???

AA price which will secure a company as many sales as its competitors

BA price which will improve a country??s balance of trade with other countries

CA price which will be achieved when the quantities demanded and supplied are the same

DA price which will be acceptable to customers, directors and shareholders.

Suggested Answer: A

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15 comments · newest first

Melodie 11 months ago

I thought it was more about competition than just supply and demand!

Luisa 12 months ago

Option C is definitely the best choice here.

Carin 12 months ago

Wait, can it really be that simple?

Quentin 1 year ago

Totally agree, it's all about balance!

Johana 1 year ago

Price equilibrium is when demand equals supply, right?

Margret 1 year ago

I feel like option D could be relevant, but it doesn't really capture the core idea of equilibrium, does it?

Cherelle 1 year ago

I practiced a similar question last week, and I think it was about balancing supply and demand too. C seems right to me.

Lyndia 1 year ago

I'm not entirely sure, but I remember something about how equilibrium relates to competition. Was that option A?

Georgiann 1 year ago

I think price equilibrium is when supply and demand meet, so I might go with option C.

Alfreda 1 year ago

I'm a little confused by the wording of these options. They all seem to be talking about price in some way, but I'm not sure how they relate to the concept of equilibrium. I'll have to re-read the question and options carefully.

Casey 1 year ago

Okay, I remember learning about this in class. Price equilibrium is the point where the market clears, so the quantity demanded equals the quantity supplied. That's definitely the best answer here.

Carlene 1 year ago

Hmm, I'm a bit unsure about this one. I know price equilibrium has to do with supply and demand, but I'm not sure if it's specifically about the quantities being the same. Let me think this through a bit more.

Omer 1 year ago

This question seems straightforward, I think the concept of price equilibrium is when the quantity demanded and supplied are equal.

Frankie 1 year ago

Hmm, I'm a bit confused by the wording of the options. I'll need to carefully read through each one to determine the best strategy.

Barrett 1 year ago

I remember something about DMS being used for managing databases, but I'm not sure if it specifically works with ApsaraDB for Redis.

CIPS A6 Exam - Topic 1 Question 41 Discussion