Economy, asked by deeksha7790, 10 months ago

-Question -

What is Market Equilibrium?




No brainliest will be given... xD​

Answers

Answered by Mysteryboy01
1

\huge\mathbb\orange{Heya\:Mate..!}

{\huge{\red{\underline{\underline{\mathcal Market  Equilibrium  }}}}}

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 Anonymous
1

Answer:

it is a situation when demand is equal to supply. means there is no excess demand or excess supply

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