Chapter 4
Market Equilibrium
Équilibre du marché
Market equilibrium refers to the condition in a market where the quantity supplied matches the quantity demanded.
At equilibrium, the supply and demand ...
Excédents et pénuries
Market equilibrium is a balance between the quantities of goods supplied and demanded. When this balance is disrupted, shortages or surpluses occur.
A ...
Les mathématiques de l’équilibre
The mathematics of market equilibrium can be understood by using the equations for quantity demanded and quantity supplied.
Consider a hypothetical ...
Effet du déplacement de la courbe de demande sur l’équilibre du marché
A shift in the demand curve can significantly impact the equilibrium price and quantity.
Consider an example of a bicycle market.
Suppose a new fitness ...
Effet du déplacement de la courbe d’offre sur l’équilibre du marché
A change in supply or shift in the supply curve can influence the equilibrium price and quantity.
Consider a bicycle market.
If the government subsidizes ...
Décalages simultanés des courbes de l’offre et de la demande I
Shifts in demand and supply curves can occur simultaneously and in the same direction.
Consider a market for gasoline cars.
Suppose the economy is ...
Décalages simultanés des courbes de l’offre et de la demande II
Shifts in demand and supply curves can happen in opposite directions.
Consider a market for gasoline cars.
Suppose a technological breakthrough improving ...
Prix abusifs
Disasters or emergencies often disrupt a market's equilibrium. This leads to situations where demand spikes or supply drops, causing sellers to raise ...
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