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11 June, 08:47

The equilibrium price for a product is the price at which the quantity supplied is

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  1. 11 June, 09:49
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    Quantity supplied is demanded

    Explanation:

    Equilibrium price is the price where the demand for a product or a service is equal to the supply of the product or service. At equilibrium, both consumers and producers are satisfied, thereby keeping the price of the product or the service stable
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