define equilbrium price
Answers
Answered by
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:
Hope it was helpful please mark me brainliest and follow me also
Answered by
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.
I hope it help you.....
Similar questions