Ask Question
30 August, 21:22

When quantity demanded in a market equals quantity supplied, then the:

market will not clear without further price adjustments.

market is in equilibrium.

equilibrium price is less than expected by buyers.

market is in temporary disequilibrium.

+2
Answers (1)
  1. 30 August, 22:47
    0
    market is in equilibrium

    When we say that a market is in equilibrium. It means that the quantity demanded of a particular product is equal to the quantity supplied in the market.

    At this state, the price in the market is the equilibrium price.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When quantity demanded in a market equals quantity supplied, then the: market will not clear without further price adjustments. market is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers