Economy, asked by aljorajan3697, 1 year ago

How is is curve become equilibrium in the goods market?

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Answered by sujan2002
0

HERE'S UR ANSWER:

On a graph, the point where the supply curve (S) and the demand curve (D) intersect is the equilibrium. ... This mutually desired amount is called the equilibrium quantity. At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.

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