CBSE BOARD XII, asked by ashishgandhi034, 11 months ago

Is there. any difference between Market equilibrium and equilibrium price?????​

Answers

Answered by kumarie462
0

Answer:

Market equilibrium is a market state where the supply in the market is equal to the demand in the market. The equilibrium price is the price of a good or service when the supply of it is equal to the demand for it in the market

Answered by vatsala2005
2

Answer:

Market equilibrium is a market state where the supply in the market is equal to the demand in the market. The equilibrium price is the price of a good or service when the supply of it is equal to the demand for it in the market.

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