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Social Science Clinic => Business => Topic started by: moongchi on Mar 15, 2019

Title: What is the difference between a market equilibrium and a competitive market equilibrium?
Post by: moongchi on Mar 15, 2019

What is the difference between a market equilibrium and a competitive market equilibrium?

Title: What is the difference between a market equilibrium and a competitive market equilibrium?
Post by: milbourne11 on Mar 15, 2019

A market equilibrium is a situation in which quantity demanded equals quantity supplied. A competitive market equilibrium is a market equilibrium with many buyers and sellers.

Title: What is the difference between a market equilibrium and a competitive market equilibrium?
Post by: moongchi on Mar 15, 2019

Thank you!

Title: What is the difference between a market equilibrium and a competitive market equilibrium?
Post by: milbourne11 on Mar 15, 2019

Always glad to help...