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Why is equilibrium a desirable condition of the market?

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Why is equilibrium a desirable condition of the market? What factors move the market away from equilibrium? Explain why in U.S. agricultural markets, quantity supplied almost always exceeds quantity demanded.

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The expert examines why equilibrium is a desirable condition of the market.

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Equilibrium is a desired condition in the market because it is only equilibrium that can keep the market in control. If there is no equilibrium, there will either be a shortage or surplus of goods or services. A shortage may drive all the prices up and ...

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