shanenkoma shanenkoma
  • 09-08-2014
  • Business
Answered

What is market equilibrium



Answer :

JJWork
JJWork JJWork
  • 22-08-2014
Market Equilibrium is when the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal. The corresponding price is the equilibrium price or market clearing price, the quantity is the equilibrium quantity.
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