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27 September, 09:17

What Are the benefits are of equilibrium for buyers and sellers?

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  1. 27 September, 09:37
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    If there equilibrium you are selling the ammount of the item buyers want to buy and there is no shortage or surplus, buyers make up the demand side of the market and sellers make up the supply side of the market and as buyers and sellers interact, the market will tend toward an equilibrium price.
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