Why equilibrium of supply and demand is desirable


Assignment:

You have been assigned to a team that has the responsibility of preparing 5 slide PowerPoint Presentation for the governor's next economic conference. Your paper should address the following:

1 .Explain why equilibrium of supply and demand is desirable.

Explain the following concepts using the concept of consumer and producer surplus:

  • Efficiency of markets
  • Costs of taxation
  • Benefits of international trade

I will need 5 slides 2 on the first bullet and then 1 on the next 3 bullets. The format will will be APA.

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Microeconomics: Why equilibrium of supply and demand is desirable
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