Ask Question
7 December, 21:34

At the market price for a product, quality demanded equals the quantity supplied. there is no excess demand and no excess supply. what economic term describes this?

+1
Answers (1)
  1. 7 December, 21:50
    0
    At the market price for a product, quality demanded equals the quantity supplied and there is no excess demand or supply the economic term that describes this is called market equality. This is also known as market equilibrium.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “At the market price for a product, quality demanded equals the quantity supplied. there is no excess demand and no excess supply. what ...” in 📗 Social Studies 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