B. All consumers are able to purchase an amount equal to their quantity demanded.
The statement that is not a characteristic of a market in equilibrium is all consumers are able to purchase an amount equal to their quantity demanded.
A market is in equilibrium when the quantity demanded is equal to the quantity supplied. It is represented graphically by the intersection of the demand curve with the supply curve.
At equilibrium, excess demand and supply is zero. Below the equilibrium point, there is excess demand. Excess demand would lead to an upward pressure on price until quantity demanded equals quantity supplied. Also, when there is excess supply, there would be a downward pressure on price until price falls to equilibrium price.
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