Answer:
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A market is in equilibrium if at the market price the quantity demanded is equal to the quantity supplied. The price at which the quantity demanded is equal to the quantity supplied is called the equilibrium price or market clearing price and the corresponding quantity is the equilibrium quantity.
Answer:
"Teaching an old dog new tricks"
Explanation:
"Go out on a limb" means that you do something risky for someone else. (Going on a narrow limb on a tree).
"Play by ear" means you improvise as you go. (Playing an instrument after hearing a song immediately).
"Teaching an old dog new tricks" means sometimes it's hard to teach someone something new if they become set in stone about something. (After a dog has passed a certain age it may be harder to teach it tricks).
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