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__________ is the price at which demand for a commodity is equal to its supply: 
  • a)
    Normal Price 
  • b)
    Equilibrium Price 
  • c)
    Short run Price 
  • d)
    Secular Price 
Correct answer is option 'B'. Can you explain this answer?
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__________ is the price at which demand for a commodity is equal to its supply:a)Normal Priceb)Equilibrium Pricec)Short run Priced)Secular PriceCorrect answer is option 'B'. Can you explain this answer?
Question Description
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