Which of the following questions is not answered by general equilibrium analysis?

A) Are equilibria in different markets compatible with one another?
B) Can all markets simultaneously be in equilibrium?
C) How will a change in one market affect another market?
D) What outcome is most desirable for the whole society?

General Equilibrium

A condition in an economy where all markets are in equilibrium simultaneously, and there are no external forces causing shifts in supply and demand.

Equilibria

The condition in which all competing influences are balanced in a wide variety of contexts, including economics where supply equals demand.

Markets

Systems, institutions, or environments where buyers and sellers interact to exchange goods, services, or information.