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Possible Answers:
- the number of buyers is exactly equal to the number of sellers.
-everyone has all they want of the commodity in question.
-there is no shortage and no surplus at the equilibrium price.
-the supply curve has the same slope as the demand curve.

2007-01-16 13:28:07 · 1 answers · asked by Anonymous in Social Science Economics

1 answers

There is no shortage and no surplus at the equilibrium price

When all forces acting on a market are canceled or eliminated the market is at equilibrium

2007-01-16 13:39:04 · answer #1 · answered by auequine 4 · 0 0

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