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Dimas [21]
3 years ago
10

When a market is in equilibrium what happens

Social Studies
2 answers:
a_sh-v [17]3 years ago
8 0

Answer:

Market equilibrium occurs when market supply equals market demand. The equilibrium price of a good or service, therefore, is its price when the supply of it equals the demand for it. :)

Explanation:

adell [148]3 years ago
4 0
Market equilibrium occurs when market supply equals market demand. The equilibrium price of a good or service, therefore, is its price when the supply of it equals the demand for it.
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