+1 vote
1 view
in Economics by
What is Market Equilibrium? Or, What is meant by Market Equilibrium?

1 Answer

+1 vote
by
 
Best Answer

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

Categories

740 questions

712 answers

0 comments

9 users

...