Explain What Is Meant By Market Equilibrium

a) Explain what is meant by market equilibrium. b) What happens when the price is too high and when the price is too low?c) What market forces bring change?(Explain with example, 400-500 words)

Order Now

Explain what is meant by market equilibrium

Question
a) Explain what is meant by market equilibrium.

b) What happens when the price is too high and when the price is too low?

c) What market forces bring change?

(Explain with example, 400-500 words)

Order Now