In the Long Run, Will the Market Price for a Good/service

question 11

Essay

In the long run, will the market price for a good/service always equals the equilibrium price? Explain why or why not.

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Definitions:

Ovulating

The phase in the menstrual cycle when an ovary releases an egg, making it available for fertilization.

Sexual Intercourse

Physical activity involving penetration of the penis into the vagina, anus, or mouth of another to achieve sexual pleasure or reproduction.

Conceptus

The embryo or fetus and the associated membranes and structures from conception until birth.

Healthy Fetus

A fetus developing with all vital signs and milestones within the expected ranges for its gestational age, indicating good health and low risk of birth complications.