Market equilibrium does NOT when: there is no incentive for prices to quantity demanded equals supplied the market clears there is an incentive for prices to change
Market equilibrium does NOT when: there is no incentive for prices to quantity demanded equals supplied the market clears there is an incentive for prices to change
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter3: Market Demand And Supply
Section: Chapter Questions
Problem 8SQ
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incentive for prices to quantity demanded equals
supplied the market clears there is an incentive for
prices to change"
Transcribed Image Text:Market equilibrium does NOT when: there is no
incentive for prices to quantity demanded equals
supplied the market clears there is an incentive for
prices to change
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