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Paha777 [63]
3 years ago
6

At market equilibrium, Group of answer choices quantity demanded equals quantity supplied. surpluses are greater than shortages.

demand equals supply. shortages are greater than surpluses.
Business
1 answer:
Tom [10]3 years ago
6 0

Answer:

quantity demanded equals quantity supplied

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied cross each other. The intersection could be made by supply and demand curves.

Therefore, there is a direct relationship between the price and the quantity supplied, while the price and quantity demanded have an inverse relationship.

When the quantity demanded and the quantity supplied are intersect at the price so we called market equilibrium

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These expenditures were incurred by Sheffield Corp. in purchasing land: cash price $86,000, assumed accrued taxes $3,200, attorn
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In each of the following examples, name the factor that affects demand and describe its impact on your demand for a new cell pho
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Answer:

First of all let's understand what is demand

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