this is called equilibrium or competitive equilibrium.
It is called the equilibrium price.
A quantity supplied is more than quantity demanded its called A Surplus.
it is called a shortage
Excess supply.
equilibrium price
It is called the equilibrium price.
It is called the equilibrium price.
It is called the equilibrium price.
It is called the equilibrium price.
A quantity supplied is more than quantity demanded its called A Surplus.
it is called a shortage
Excess supply.
This is called equilibrium.
equilibrium price
It is called the equilibrium price.
It is called the equilibrium price.
This is the equilibrium price. Equilibrium price is when quantity demanded equals quantity supplied - i.e. it is the price where everything supplied will be bought, so the market will be cleared.