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18-03-2020
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At the equilibrium price, Multiple Choice there are forces that cause price to rise. quantity supplied may exceed quantity demanded or vice versa. there are no pressures on price to either rise or fall. there are forces that cause price to fall.

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Dryomys Dryomys

23-03-2020

Answer:

There are no pressures on price to either rise or fall.

Explanation:

Equilibrium price refers to the market price at which the amount of quantity supplied is exactly equal to the amount of quantity demanded. At this point, the market supply curve and the market demand curve intersect each other.

This price would be determined by the market forces such as demand and supply of the goods.

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