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What is equilibrium quantity? - Economics

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प्रश्न

What is equilibrium quantity?

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उत्तर

The equilibrium price, therefore, is the price at which the consumers are willing to purchase the same quantity of a commodity which producers are willing to sell. The amount that is bought and sold at equilibrium price is called the ‘equilibrium quantity’.

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पाठ 6: Market Mechanism: Equilibrium Price and Quantity in a Competitive Market - TEST YOURSELF QUESTIONS [पृष्ठ ११४]

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फ्रँक Economics [English] Class 12 ISC
पाठ 6 Market Mechanism: Equilibrium Price and Quantity in a Competitive Market
TEST YOURSELF QUESTIONS | Q 4. | पृष्ठ ११४
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