Mankiw talks about what he calls the law of supply and


Mankiw talks about what he calls the Law of Supply and Demand, which is separate and distinct from the Law of Supply and the Law of Demand. I call the Law of Supply and Demand, Market Equilibration. What is Market Equilibration? What important role does it play in resource allocation in the markets?

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Business Economics: Mankiw talks about what he calls the law of supply and
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