Question

explaination of Demand, Supply And Market equilibrium​

Answer 1

A demand curve shows the relationship between quantity demanded and price in a given market on a graph. ... The equilibrium price and equilibrium quantity occur where the supply and demand curves cross. The equilibrium occurs where the quantity demanded is equal to the quantity supplied.

Answer 2

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A demand curve shows the relationship between quantity demanded and price in a given market on a graph. ... The equilibrium price and equilibrium quantity occur where the supply and demand curves cross. The equilibrium occurs where the quantity demanded is equal to the quantity supplied.

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