What happens when the prevailing price in a market is too high or too low? What are the symptoms of this problem? Think
Posted: Sun May 29, 2022 7:49 pm
What happens when the prevailing price in a market is too high
or too low? What are the symptoms of this problem? Think of an
example where the market is, at least temporarily, in
disequilibrium. What happens to bring the market back to where the
quantity demanded equals the quantity supplied?
or too low? What are the symptoms of this problem? Think of an
example where the market is, at least temporarily, in
disequilibrium. What happens to bring the market back to where the
quantity demanded equals the quantity supplied?