Question

i. under market mechanism the demand and supply are equal

Answer 1

⏩ under market mechanism the demand and supply are equal .this helped in maintenance of supportive texture.⏪

Answer 2

ANSWER....

At any other price, the quantity demanded does not equal the quantity supplied, so the market is not equilibrium at that price. however if a market is not at equilibrium then economic pressure arise to move the market to word the equilibrium price and equilibrium quantity.


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