difference between market price and equilibrium price
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market price is the price decided to sell to the large community people as consumers...
but equilibrium price is decided for the wholesale buyers or wholesale sellers
but equilibrium price is decided for the wholesale buyers or wholesale sellers
riya3960:
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The difference between market price and equilibrium price is the economic price for which a good or service is offered in the marketplace whereas equilibrium price is the price where demand and supply for a good or service are equal.
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