Market equilibrium will happen when?

Demand for a commodity is equal to its supply at a particular price

The correct answer is option 3: Demand for a commodity is equal to its supply at a particular price

• Market equilibrium occurs when quantity demanded equals quantity supplied at a specific price.
• At this price, there is no excess demand (shortage) and no excess supply (surplus).
• The market naturally moves toward this equilibrium price through adjustments in price and quantity.