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equilibrium price

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noun

the price at which the quantity of a product offered is equal to the quantity of the product in demand.

QUIZZES

QUIZ YOURSELF ON “THEIR,” “THERE,” AND “THEY’RE”

Are you aware how often people swap around “their,” “there,” and “they’re”? Prove you have more than a fair grasp over these commonly confused words.
Question 1 of 7
Which one of these commonly confused words can act as an adverb or a pronoun?
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

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