The equilibrium price is the customer cost that is assigned to a product where the quantity demand and supply is equal.
<h3>What is price equilibrium?</h3>
Your information is incomplete. Therefore, an overview will be given. It should be noted that price equilibrium simply means the price where the quantity demanded and supplied are equal.
This is the price at which the supply and demand are balanced in the absence of external influence.
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For the answer to the question above asking at $5 a bushel, there is an excess supply of wheat. is this price above or below the equilibrium price?
I think it is a price floor above the equilibrium price.The price is too high so that the suppliers will produce more than the consumption.
Answer:
Fundamental Rights protect the liberties and freedom of the citizens against any invasion by the state, prevent the establishment of the authoritarian and dictatorial rule in the country. They are very essential for the all-round development of the individuals and the country.
In my country man, at least they work
Hello!
I believe the answer is <span>Suez Canal.
Hugs :)</span>
