Pricing and Equilibrium

Questions (2)

Why do businesses seek an equilibrium price?A. It ensures that competitors cannot offer lower prices. B. It attracts the largest
1. 4 answers
2. asked by Pheoinx
3. 301 views
What is a reason that market prices are not always the same as equilibrium prices?Market prices are often set by buyers rather
1. 5 answers
2. asked anonymously
3. 42 views