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15. What is equilibrium?
when quantity supplied is not equal to quantity demanded in a market
the point at which quantity demanded and quantity supplied are equal
when quantity supplied is more than quantity demanded
when quantity demanded is more than quantity supplied

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Answer:

the point at which quantity demanded and quantity supplied are equal

Hope that helps.
When the point at which quantity demanded and quantity supplied are equal
This is because both sides have to be equal to achieve equilibrium
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