Market mechanism: Difference between revisions
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imported>Doug Williamson m (Link with Demand and Supply pages.) |
imported>Doug Williamson (Updated entry. Source ACT Glossary of terms) |
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The interaction of [[demand]] and [[supply]], resulting in an equilibrium quantity and price being set by the market. | The interaction of [[demand]] and [[supply]], resulting in an equilibrium quantity and price being set by the market. | ||
== See also == | == See also == | ||
* [[Equilibrium]] | * [[Equilibrium]] | ||
* [[Free market]] | * [[Free market]] | ||
* [[Demand]] | |||
* [[Supply]] | |||
