At the equilibrium price, quantity demanded is equal to quantity supplied.
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Q74: The actions of buyers and sellers naturally
Q75: When a seller expects the price of
Q76: A surplus is the same as an
Q77: The market supply curve shows how the
Q78: A market's equilibrium is the point at
Q80: Individual supply curves are summed vertically to
Q81: When the market price is below the
Q82: Surpluses drive price up, while shortages drive
Q83: Demand refers to the amount buyers wish
Q84: When quantity demanded exceeds quantity supplied at
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