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When the market is in balance it is called market

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User ZakSyed
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2 Answers

4 votes
I think it is called Economic Equilibrium
answered
User David Rodriguez
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8.7k points
4 votes

Answer:

Market Equilibrium.

Step-by-step explanation:

When the supply of products or services is equal than the demand of those products or services and the price is stable (it won't change unless the demand or supply changes) it means that the market is in balance, this ideal situation is called Market Equilibrium, and in other words, it means that the amount of products or services produced are equal to the amount of products or services needed in the market.

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User Richard Skinner
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