Professional Documents
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Market Equilibrium
Market Equilibrium
EQUILIBRIUM
Presented by:
Raishell A. Cauilan
Market
Equilibrium
Supply = Demand
Equilibrium
Quantity
The quantity bought and sold at the
equilibrium price.
SURPLUS
or excess supply occurs when quantity supplied is greater
than quantity demanded.
This results in the decrease of prices in the market.
Qs > Qd
SHORTAGE
or excess demand happens when the