Solved: Why do governments interfere with market equilibrium price, Microeconomics

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Why do governments interfere with market equilibrium price

Discussion Post: Economics Supply & Demand

Provide a detailed explanation of the following:

• What is meant by "Market Equilibrium"? Will the market equilibrium price change in response to: i) Surplus and ii) Shortage. Discuss

• Will the market always reach equilibrium? Discuss.

• Why do governments interfere with the market equilibrium price? And if so, Discuss and offer example.

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Microeconomics: Why do governments interfere with market equilibrium price

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