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kotegsom [21]
3 years ago
14

Define the term balanced market. What is meant by equilibrium price?

History
2 answers:
Bumek [7]3 years ago
6 0

Answer:

<em>The equilibrium price is where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and that the market is in a state of equilibrium.</em>

icang [17]3 years ago
5 0

Answer:

The equilibrium price is where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and that the market is in a state of equilibrium.

Explanation:

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