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Suppose that the quantity demand for a product is 100,and quantity supplied is 85.Is this market in equilibrium? What should happen to the market price? Explain.
Interest
A charge for borrowing money, typically a percentage of the amount borrowed.
Future Value
Future value is the value of a current asset at a specified date in the future based on an assumed rate of growth over time.
Single Amount
A lump-sum value; referring to a financial transaction or an accounting entry that involves only one amount rather than multiple payments or amounts.
Concept
An abstract idea or a general notion representing something, often used as a foundational principle or theory.
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