Economy, asked by debdaskarmakar9122, 11 months ago

What is meant by equilibrium quantity?

Answers

Answered by agtycom37

4

Answer:

Equilibrium quantity is simultaneously equal to both thequantity demanded and quantity supplied. In a market graph, the equilibrium quantity is found at the intersection of the demand curve and the supply curve. Equilibrium quantity is one of two equilibrium variables. The other isequilibrium price.

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