When examining a market, marketers primarily notice its:

• A. equilibrium price and quantity
• B. accounting profits
• C. production possibilities frontier
• D. marginal utility curves

Answer: (A)

Verified step by step guidance

1. Step 1: Understand the context of the problem, which is about what marketers primarily observe when examining a market.
2. Step 2: Recall that marketers focus on the outcomes of market interactions, specifically the price at which goods are sold and the quantity exchanged.
3. Step 3: Recognize that the equilibrium price is the price at which the quantity demanded equals the quantity supplied, and the equilibrium quantity is the amount bought and sold at this price.
4. Step 4: Note that accounting profits, production possibilities frontier, and marginal utility curves are important economic concepts but are not the primary focus for marketers examining a market.
5. Step 5: Conclude that the primary observation for marketers is the equilibrium price and quantity, as these reflect the actual market outcome.