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If there is excess supply at …

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If there is excess supply at a given price of a commodity, how will the equilibrium price be reached? .

    • Posted by Anjali Phukan Phukan 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Harika Muskan 6 years, 7 months ago

    In case there is excess supply in order to achieve equilibrium price is reduced so that demand is increased for product and excess stock got sold thus equilibrium is achieved.

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