Explain the equilibrium of demand and supply with the help of a diagram?
Answers
Answered by
1
Answer:
supply are balanced, or are in equilibrium. The quantity bought and sold (or the amount supplied or demanded) at this equilibrium price is known as equilibrium amount.” ... In either case, the price will change so as to bring about equality between quantity demanded and quantity supplied.
If you satisfied with my answer mark the brain list.... And follow me......
Similar questions