Economy, asked by hridyavl02, 6 months ago

define equilbrium price​

Answers

Answered by Rishukumar123
4

Answer:

In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the values of economic variables will not change.

Explanation:

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Answered by Anonymous
19

Answer:

the equilibrium price is where the supply of goods matches demand when a major index experience a period of consolidation or sideway momentum , it can be said that the forces of supply and demand are relatively equal and that the market is in a state of equilibrium.

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