What does it mean to have a market in equilibrium How do changes in supply or price affect this equilibrium Make sure to include an example to illustrate your ideas What kind of market events would result in disequilibrium How would this disequilibrium affect the economic markets

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What does it mean to have a market in equilibrium? How do changes in supply or price affect this equilibrium? Make sure to include an

What does it mean to have a market in equilibrium?
How do changes in supply or price affect this equilibrium?
Make sure to include an example to illustrate your ideas.

What kind of market events would result in disequilibrium?
How would this disequilibrium affect the economic markets?

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