equilibrium is defined when\n○ supply is limited and demand decreases.\n○ supply and demand meet.\n○ demand…
equilibrium is defined when\n○ supply is limited and demand decreases.\n○ supply and demand meet.\n○ demand is higher than supply.\n○ supply is higher than demand.
Answer
Brief Explanations:
In economics, equilibrium occurs at the point where the quantity of a good or service that producers are willing to supply equals the quantity that consumers are willing to demand.
Answer:
supply and demand meet.