Answer to Question #71613 in Microeconomics for Yusuf
What is market equilibrium ??
Market equilibrium is a state where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change. Reference: https://en.wikipedia.org/wiki/Economic_equilibrium
From a young age, our brains develop to the world around us, the environment we live in, and the people…
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