A market is said to be in equilibrium if the supply and demand curve intersects.
<u>Explanation</u>:
A supply of a certain product meets the demand of that product i.e., if the "supply" and "demand" of the product is equal, then the market is at "equilibrium". The price corresponding to it is then called a market-clearing price or equilibrium price whereas the quantity is known as the equilibrium quantity. But this comes with two conditions of surplus and shortage when there is a change in the supply and demand curve. So, a market to be at equilibrium having an equilibrium price, it is always important that the supply meets the demand.
Answer:
The Queen of England was there to rule, and she also made sure that she one, for she had many troops to win the battle.
To regulate commerce with foreign nations,and among the several states, and with Indian Tribes
Is this to help people feel better and be happy?
Answer:
The answer is Nelson Mandela
Explanation:
The new National Assembly's first act was to elect Nelson Mandela as President, making him the country's first black chief executive
