1.How is market cleared of its supplies-explain with proper illustration.
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Answer:
HEY MATE HERES UR ANSWER HOPE IT HELPS PLS MARK ME BRAINLIST
Explanation:
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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