When quantity demanded is equal to quantity supplied, we are at ___________.
Fill in the blank(s) with the appropriate word(s).
equilibrium
Economics
You might also like to view...
Since the 1950s
A) U.S. business cycle fluctuations have become milder. B) U.S. business cycle fluctuations have not changed. C) U.S. business cycle fluctuations have becomes more volatile. D) the United States has not experienced a business cycle.
Economics
Suppose there are 1000 identical wheat farmers. For each, TC = 10 + q2 Derive the market supply curve
What will be an ideal response?
Economics