Question: EQUILIBRIUM IS ESTABLISHED WHEN 1)QUANTITY PURCHASED IS EQUAL TO THE QUANTITY OFFERED 2)QUANTITY BOUGHT IS EQUAL TO QUANTITY DEMANDED 3) QUANTITY DEMANDED IS EQUAL TO

EQUILIBRIUM IS ESTABLISHED WHEN 1)QUANTITY PURCHASED IS EQUAL TO THE QUANTITY OFFERED 2)QUANTITY BOUGHT IS EQUAL TO QUANTITY DEMANDED 3) QUANTITY DEMANDED IS EQUAL TO QUANTITY SUPLLIED AT A LOWER PRICE

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