Describe what it means when price and quantity supplies are in equilibrium

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asked Mar 16, 2023 214k views

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Pcnate · Answer 1 · 2023-03-22T06:12:57+0000

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Hi! I don't know if this is accurate, because I'm not in college, but does it not mean that the prices match the quantities? It's like the argument "Why not print more money?" You can't because demand for products would go up. So if it's in equilibrium the prices match the demand.

Describe what it means when price and quantity supplies are in equilibrium

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