Ask Question
8 April, 12:55

What is market equilibrium

+4
Answers (1)
  1. 8 April, 13:18
    0
    Market Equilibrium is when the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal. The corresponding price is the equilibrium price or market clearing price, the quantity is the equilibrium quantity.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is market equilibrium ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers