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    Equilibrium Price

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    What is required for the price not to be set by the equilibrium price?

    © BrainMass Inc. brainmass.com December 24, 2021, 4:56 pm ad1c9bdddf
    https://brainmass.com/economics/demand-supply/equilibrium-price-17243

    Solution Preview

    For the price not to be set by the equilibrium price there needs to be outside intervention (outside of the buyer/seller system). ...

    Solution Summary

    This solution looks at when the price is not set by the equilibrium price.

    $2.49

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