Market equilibrium is like a balance where what people want to buy matches what sellers are offering. However, reaching this balance can be tricky.
When there is disequilibrium, it means that prices go up and down too much. This can cause either too much stuff being sold or not enough, which creates problems.
Challenges:
Solutions:
Market equilibrium is like a balance where what people want to buy matches what sellers are offering. However, reaching this balance can be tricky.
When there is disequilibrium, it means that prices go up and down too much. This can cause either too much stuff being sold or not enough, which creates problems.
Challenges:
Solutions: