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An equilibrium price?
Question 1
Report
An equilibrium price?
keeps excess demand within limits
keeps excess supply within limits
generates the greatest possible demand and supply
generates the greatest possible profits
equates the quantity supplied to be equal to the quantity demanded.
Answer Details
Read lesson note on Factors Of Production And Their Theories (JAMB)
Read lesson note on Theory Of Price Determination (WAEC)
Read lesson note on Theory Of Production (WAEC)
Read lesson note on The Theory Of Price Determination (JAMB)
Read lesson note on Demand (WAEC)
Factors Of Production And Their Theories
Theory Of Price Determination
Theory Of Production
The Theory Of Price Determination
Demand
View Answer