demand quantity

Why Is The Price At Which The Quantity Demanded Equals The Quantity Supplied The Equilibrium Price?

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Why Is The Price At Which The Quantity Demanded Equals The Quantity Supplied The Equilibrium Price? At the equilibrium price, the quantity demanded equals the quantity supplied. Because the graphs for demand and supply curves both have price on the vertical axis and quantity on the horizontal axis, the demand curve and supply curve for

What Is The Relationship Between Quantity Demanded And Quantity Supplied When There Is A Surplus?

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What Is The Relationship Between Quantity Demanded And Quantity Supplied When There Is A Surplus? Whenever there is a surplus, the price will drop until the surplus goes away. When the surplus is eliminated, the quantity supplied just equals the quantity demanded—that is, the amount that producers want to sell exactly equals the amount that