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11-11-2019
Business

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In one or two sentences, explain why there is no excess demand or excess supply at the equilibrium price.

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fernandoalonsoc fernandoalonsoc

13-11-2019

Answer:

The equilibrium price means that at this price, the exact number of units demanded are being produced in the market. Therefore, all the buyers are satisfied and there is no need to produce any more.

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animalo animalo

01-03-2021

Answer:

The equilibrium price means that at this price, the exact number of units demanded are being produced in the market. Therefore, all the buyers are satisfied and there is no need to produce any more.

Explanation:

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