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Market Equilibrium — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsMarket Equilibrium1 Mark
Question
Explain market equilibrium.
✓

Answer

Market Equilibrium is a situation where the quantity demanded becomes equal to quantity supplied, corresponding to a particular price.
It means Market demand = Market supply

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