AAlexis8770 AAlexis8770
  • 21-10-2021
  • Business
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in markets, prices move toward equilibrium because of

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swan2414 swan2414
  • 21-10-2021

Answer:

"The market price moves toward equilibrium because of the actions of the buyers and sellers in the market. Suppose there is a surplus in the market which means that supply is more than the demand. ... Similarly, when there is a shortage and price increase and a new equilibrium is achieved."

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