1
Question
what is meant by excess demand
in microeconomics?
in microeconomics?
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Solution
Hey Purvika,
In microeconomics, excess demand is defined as the situation, where the market demand exceeds the market supply at a particular market price.
Keep Posting!!
In microeconomics, excess demand is defined as the situation, where the market demand exceeds the market supply at a particular market price.
Keep Posting!!
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