foreigneste foreigneste

25-02-2021
Social Studies

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1. What is the relationship between quantity demanded and quantity supplied at equilibrium?

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dwetherell26 dwetherell26

25-02-2021

Answer:

That means that the market is in full balance.

Explanation:

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Gardner211 Gardner211

25-02-2021

Answer:

There has to be a quantity demanded for there to be a quantity to supply.

Explanation:

The equilibrium occurs where the quantity demanded is equal to the quantity supplied. If the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. Excess demand or a shortage will exist.

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