Question: Explain where the market equilibrium occurs. How do we show equilibrium graphically? Share an example from your own experience when the market was not in

Explain where the market equilibrium occurs. How do we show equilibrium graphically? Share an example from your own experience when the market was not in equilibrium for a product or service. Explain why the market was out of equilibrium (what caused it to be out of equilibrium) and what needed to be done to bring the market back to equilibrium

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