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Equilibrium means the quantity supplied equals quantity

If the market price is below the equilibrium price, what will happen to inventories and what will buyers do to cause the price to rise?

If the market price is above the equilibrium price, what will happen to inventories and how will sellers react?

Equilibrium means the quantity supplied equals quantity demanded. What else does equilibrium mean?

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Business Economics: Equilibrium means the quantity supplied equals quantity

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