aellerd aellerd
  • 02-05-2016
  • History
contestada

When the market is in balance it is called market

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Mafiablack
Mafiablack Mafiablack
  • 02-05-2016
I think it is called Economic Equilibrium
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jumbledeyes
jumbledeyes jumbledeyes
  • 17-06-2019

Answer:

Market Equilibrium.

Explanation:

When the supply of products or services is equal than the demand of those products or services and the price is stable (it won't change unless the demand or supply changes) it means that the market is in balance, this ideal situation is called Market Equilibrium, and in other words, it means that the amount of products or services produced are equal to the amount of products or services needed in the market.

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