What is EQUILIBRIUM PRICE? Equilibrium Price Explained
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- čas přidán 17. 04. 2024
- #equilibrium #price #supplyanddemand #quilibriumprice
What is Equilibrium Price?
Equilibrium Price defined ⬇️
Equilibrium price is the price at which the quantity of a good or service demanded by buyers equals the quantity supplied by producers, resulting in a market equilibrium. It's the price point where there's no shortage or surplus of the product, and the market is in balance. - Jak na to + styl
Feel free to share how you define Equilibrium Price in a comment ⬇