equilibrium occurs when supply and demand coordinate to\nset excess demand.\nset prices and…
equilibrium occurs when supply and demand coordinate to\nset excess demand.\nset prices and production.\nmaintain excess supply.\nraise prices and production.
Answer
Brief Explanations:
In economics, equilibrium is the state where supply and demand are balanced, determining the market - clearing price and quantity (production). Excess demand or supply indicates disequilibrium. Raising prices and production is not the definition of equilibrium.
Answer:
set prices and production.