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Describe what it means when price and quantity supplies are in equilibrium
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34 votes
Describe what it means when price and quantity supplies are in equilibrium

User Pavel Oganesyan
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13 votes

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Hi! I don't know if this is accurate, because I'm not in college, but does it not mean that the prices match the quantities? It's like the argument "Why not print more money?" You can't because demand for products would go up. So if it's in equilibrium the prices match the demand.

User Tyrone Wilson
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