Economy, asked by Lalthuoilienhmar, 1 year ago

what is market equilibrium?​

Answers

Answered by shibusaurav21
13

Market equilibirium

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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