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25 October, 19:53

Define the equilibrium theory and explain its potential effects on disadvantaged Americans

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  1. 25 October, 22:59
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    The Equilibrium Theory is an explanation of the behavior of supply, demand, and prices in a whole economy.

    The theory has negative effects on disadvantaged Americans.

    As the price of products naturally move toward the equilibrium based on the supply and demand, low-income families cannot afford the products.
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