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NeTakaya
3 years ago
14

If equilibrium exists:

Business
1 answer:
nikdorinn [45]3 years ago
3 0

Answer:

The correct answer is (B)

Explanation:

Market equilibrium is a situation where demand equals the supply, which helps to determine the equilibrium quantity and price. Market equilibrium is a point which continuously shifts due to change in quantity demanded and supply. Overall at the equilibrium point, everyone is better off, and there will be no remaining opportunities for the individuals to make themselves better off.

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