Economy, asked by mainacleophus, 10 months ago

Equilibrium in a two commodity market

Answers

Answered by Rajputadarshsingh3

0

Answer:

Equilibrium in the market for goods and services is determined by the interaction of the demand and the supply curves. At the equilibrium point, the quantity supplied is equal to the quantity demanded and the price paid by the buyers is equal to the price that the sellers are willing to accept.

❤#⃣✌❤#⃣✌❤#⃣✌.....

Previous Question

Next Question

Similar questions

English, 5 months ago

why do boy act so sus...

Science, 5 months ago

Find the distance travelled when the average speed is 60km /h and the time taken is 3 1/2 hours...

Science, 5 months ago

Which technology collects data for weather, climate, and environmental monitoring from space? radar satellites weather stations weather balloons...

Math, 10 months ago

find the cost of levelling a square ground of side 65 m at the rate of 22.25 par square metre ...

English, 10 months ago

can anyone doubt that what Govind said is the truth? begin with: the truth............

Science, 1 year ago

"Vehicles in this mirror are closer than they appear." This warning is printed on the convex mirror outside the driver side of the vehicle. What is the reason for this warning?

Science, 1 year ago

If Avogadro number NA, is changed from 6.022 x 10^23 mol^-1 to 6.022 x 10^20 mol^-1 , this would change...

Science, 1 year ago

Assertion : Transverse waves can travel on the surface of water . Reason : Surface tension property of...