What is Market Equilibrium?

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asked Nov 7 in Economics by Vikas

What is Market Equilibrium? Or, What is meant by Market Equilibrium?

market-equilibrium

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answered Nov 7 by Vikas

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Market Equilibrium is a situation when Market Demand = Market Price. The Market is Cleared: there is no excess or excess supply in the Market.

What is Market Equilibrium?

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