Question

8. Which of the following is a
method to find out equilibrium
in the economy? ​

Answer 1

An increase in technological usage or know-how or a decrease in costs would have the effect of increasing the quantity supplied at each price

Answer 2

Answer:

Potato sellers price a bag of potatoes at $5. However, nobody comes and buys any bags of potatoes. Therefore, demand is way below supply. There is economic disequilibrium