Macroeconomics (12th Edition) (Pearson Series in Economics)
Macroeconomics (12th Edition) (Pearson Series in Economics)
12th Edition
ISBN: 9780133872644
Author: Michael Parkin
Publisher: PEARSON
Question
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Chapter 3.4, Problem 1RQ
To determine

The equilibrium price of a good or service.

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Students have asked these similar questions
The difference between the price a consumer is willing to pay for a product and the price the consumer eventually pays is called?
What is the objective of the price change?
Explain how the equilibrium, or market, the price of a product is examined.
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