How prices are determined 2.0 / 5 based on 1 rating ? EconomicsASOCR Created by: JadeCreated on: 21-11-12 16:29 What is equilibrium price? The price where demand and supply are equal. 1 of 5 What is disequilibrium? Disequilibrium is any position in the market where demand and supply are not equal. 2 of 5 Where supply is greater than demand, price will? Fall 3 of 5 When demand is greater than supply, price will? Rise 4 of 5 The usual assumption made is that all other factors affecting the market remain unchanged - this is ? Ceterius paribus 5 of 5
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