2.5 Review Questions
Unit 2.5 - Review QuestionsTo test your understanding of this topic in the syllabus (Price determination), have a go at answering the following review questions.Define the term market equilibrium.Use an appropriate diagram to show drawing how demand and supply curves are used to establish equilibrium price and sales in a given market.What is meant by market disequilibrium?What is the difference between demand and supply...
To access the contents of this site, you must subscribe.