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pantera1 [17]
3 years ago
12

In 3 or 4 sentances, explain the relationship between the equilibrium price and efficiency ​

Social Studies
1 answer:
Gre4nikov [31]3 years ago
5 0

Answer:

see explination

Explanation:

price is the cost of a product wether its the cost of producing or what you choose to sell it for.

effeciency is the ability to avoid waisting money, time, energy and product while also maintaining a good quality

equilibrium is when these two things meet in the middle giving the best result in effeciency and price!

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