Class Notes (835,894)
United States (324,283)
EC 203 (9)
Lecture

Equilibrium.pdf

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Department
Economics (EC)
Course
EC 203
Professor
nejemraheem
Semester
Spring

Description
Equilibrium is where supply and demand meet QS=QD.MB=MC Shortage--too much demand,not enough supply.Excess demand Demand shifts to the right,supply would shift to the left Excess
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