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Ipatiy [6.2K]
3 years ago
8

When quantity demanded in a market equals quantity supplied, then the:

Business
1 answer:
ad-work [718]3 years ago
3 0

market is in equilibrium

When we say that a market is in equilibrium. It means that the quantity demanded of a particular product is equal to the quantity supplied in the market.

At this state, the price in the market is the equilibrium price.

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