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How do demand, supply, and prices act as incentives that lead the market to equilibrium? What is an example of market equilibrium or disequilibrium in

  1. How do demand, supply, and prices act as incentives that lead the market to equilibrium?
  2. What is an example of market equilibrium or disequilibrium in recent news?
  3. What is an example analyzed demonstrating at least two applied concepts learned in the study of Microeconomics?

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