Are markets truly ever in equilibrium where there is no tendency for either quantity demanded or quantity

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Are markets truly ever in equilibrium where there is no tendency for either quantity demanded or quantity supplied to change? Explain. Justify your explanation by providing at least one real-life example to support your position.

Related Book For answer-question

Calculus

ISBN: 978-0131429246

9th edition

Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon

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Posted Date: Apr 18, 2024 12:23 AM

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Are markets truly ever in equilibrium where there is no tendency for either quantity demanded or quantity

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In economic theory markets are often depicted as being in equilibrium when the quantity demanded equ... View the full answer

Calculus

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