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TiliK225 [7]
3 years ago
15

What is an equilibrium quantity

History
1 answer:
Phoenix [80]3 years ago
6 0

Equilibrium quantity is simultaneously equal to both the quantity demanded and quantity supplied. In a market graph, the equilibrium quantity is found at the intersection of the demand curve and the supply curve. Equilibrium quantity is one of two equilibrium variables. The other is equilibrium price.

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