When Prices Are Free to Adjust Over Time in the Long Run the Market Price of a Good Tends to?

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Solution

When prices are free to adjust over time in the long run the market price of a good tends to equal the equilibrium price in the long run.

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When Prices Are Free to Adjust Over Time in the Long Run the Market Price of a Good Tends to?

When prices are free to adjust over time in the long run the market price of a good tends to equal the equilibrium price in the long run. Stay connected with BYJU’S for more such questions and answers on various commerce topics.

When prices are free to adjust over time in the long run the market price of a good tends to equal the equilibrium price in the long run.

Stay connected with BYJU’S for more such questions and answers on various commerce topics.