Economy, asked by vkvirat1996, 3 months ago

what is market eclubriam​

Answers

Answered by MiscreantAngel
4

Answer:

In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the values of economic variables will not change

Explanation:

hope it helps

Answered by Anonymous
0

Market equilibrium is the state in which market supply and demand balance each other, and as a result prices become stable.

Generally, an over-supply of goods or services causes prices to go down, which results in higher demand—while an under-supply or shortage causes prices to go up resulting in less demand.

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