Government in the Market Market Disequilibrium If quantity demand exceeds quantity supplied or quantity supplied exceeds quantity demanded, a disequilibrium will exist. In…
Economics 111.3 Winter 14 Economics 111.3 Winter 14 March 24th, 2014 Lecture 26 Ch. 12: Perfect competition FINAL EXAM is based on chapters 3, 4, 5 (up to p. 116), 6 (up…