https://doi.org/10.13169/worlrevipoliecon.7.1.0127 • https://www.jstor.org/stable/10.13169/worlrevipoliecon.7.1.0127 Copy URL This article shows the following: (1 ...
In the context of markets, equilibrium is when there's a balance between supply and demand, causing prices to stabilize. When there's an imbalance between supply and demand, prices tend to fluctuate ...
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