Equilibrium occurs when supply and demand coordinate to:
(B) set prices and production.
Market equilibrium is achieved when supply and demand are equal. This would happen when prices and production are maintained at levels where demand and supply remain consistent. Economic theory proposes that there is a particular price for a product or service which brings demand and supply into balance, which economists term the equilibrium price. In typical markets, equilibrium is not achieved as a constant state of affairs. Rather, supply and demand will fluctuate around what would be the theoretical equilibrium price. If prices rise due to high demand, this signals producers to expand production to meet the demand for greater supply. If there is too much supply available, market prices will drop as suppliers work to sell their surpluses.
Answer:
D. the Student Nonviolent Coordinating Committee
Sorry if I got this wrong, if I did. Please tell me out on my bluff!
"Steam engine" is the one invention among the choices given in the question that <span>was the basis for the major developments in American transportation. The correct option among all the options that are given in the question is the first option or option "a". I hope that this is the answer that has come to your help.</span>
A keyboard ??? I think so anywaysssss
The answer is the first century
