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Questions
4UP7879PQJ
Target Exam
CUET
Subject
Economics
Chapter
Micro Economics: Market Equilibrium
Question:
An equilibrium is defined as a situation where the market
Options:
Clears
Clogs
Not clears
Unclears
Correct Answer:
Clears
Explanation:
Equilibrium is defined as a situation where the plans of all consumers and firms in the market match and the market clears.
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