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Business, 25.02.2020 03:34 live4dramaoy0yf9

The point at which the supply curve and the demand curve intersect is called: irrelevant, because real-world prices never reach this point. equilibrium, because quantity demanded equals quantity supplied so there is no tendency for price to change. equilibrium, because quantity supplied exceeds quantity demanded so there is a surplus. equilibrium, because quantity demanded exceeds quantity supplied so there is a shortage.

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