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What is the equilibrium theory and what are its potential effects on disadvantaged Americans?
Wiki User
∙ 9y ago
The Equilibrium Theory is an explanation of the behavior of supply, demand, and prices in a whole economy. The theory has negative effects on disadvantaged Americans. As the price of products naturally move toward the equilibrium based on the supply and demand, low-income families cannot afford the products.
Wiki User
∙ 9y ago
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