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Leviafan [203]
3 years ago
13

1. Equilibrium in a market means which of the following?

History
2 answers:
SCORPION-xisa [38]3 years ago
8 0

Answer:

the point at which quantity supplied and quantity demanded are the same

Explanation:

romanna [79]3 years ago
7 0

Answer:

the point at which quantity supplied and quantity demanded are the same

Explanation:

Equilibrium in a market means the point at which quantity supplied and quantity demanded are the same. For a market to attain a state of equilibrium, the quantity of goods supplied should be equal to the quantity demanded to ensure there is neither demand nor supply surplus

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