equilibrium is defined when supply is limited and demand decreases. supply and demand meet. demand is higher…
equilibrium is defined when supply is limited and demand decreases. supply and demand meet. demand is higher than supply. supply is higher than demand.
Answer
Answer:
supply and demand meet.
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.