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QUESTION IMAGE

equilibrium occurs when supply and demand coordinate to set excess dema…

Question

equilibrium occurs when supply and demand coordinate to set excess demand. set prices and production. maintain excess supply. raise prices and production.

Explanation:

Brief Explanations

Equilibrium in economics is when supply and demand balance to determine prices and quantity produced. Excess demand or supply indicates non - equilibrium. Raising prices and production isn't the definition of equilibrium.

Answer:

set prices and production.