At the equilibrium price the demanded is equal to the
At the equilibrium price, the demanded is equal to the quantity supplied. At any other price (called a disequilibrium price) there is either a shortage or surplus. Calculate the amount of the shortage at a price of$ 5.30.
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is accounting profit equal to the difference between receipts and payments economic profit is the difference between
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at the equilibrium price the demanded is equal to the quantity supplied at any other price called a disequilibrium
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