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Equilibrium Quantity
The quantity of goods or services supplied and demanded at the equilibrium price, where market supply and demand balance.
Quantity Demanded
The collective measure of a commodity or service that people are eager and have the means to purchase at an identified price level.
Quantity Supplied
Refers to the total amount of a good that producers are willing to sell at a given price over a specific period.
Equilibrium Price
The market cost where the supply of merchandise matches the demand level.
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