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inn [45]
4 years ago
14

In microeconomics, what occurs when equilibrium is reached? Prices decline. Prices increase. Prices are set. Prices fluctuate.

Health
2 answers:
nekit [7.7K]4 years ago
8 0

The answer is: Prices are set

In microeconomics, equilibrium refers to a situation when the demand and supply for a certain product reach a balance point. In this point, both sellers and buyers already set a price that demeed as fair where both of them obtain the value that they need from each transaction.

Burka [1]4 years ago
6 0

The answer is letter C.

Prices are set

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Explanation:

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