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Suppose you can write generic supply and demand curves such that and . Equilibrium quantity is then given by
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Suppose you can write generic supply and demand curves such that and . Equilibrium quantity is then given by

User FraggaMuffin
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Answer:

Where Demand equals Supply

Step-by-step explanation:

Whenever a Demand and Supply curve is drawn, the point where the two curves meet is the Equilibrium point. The price at this point is the Equilibrium Price and the Quantity at this point is the Equilibrium Quantity

User Coracora
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