Economy, asked by kookumber1797, 2 months ago

How to maintain equilibrium in the economy?

Answers

Answered by susmita2891
2

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As they do, the market price will rise toward the level where the quantity demanded equals the quantity supplied, just as a balloon will expand until the pressures equalize. Eventually it may reach a balance where quantity demanded just equals quantity supplied, and we can call this the market equilibrium.

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