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If the Actual Market Price Differs from the Equilibrium Price,buyers

question 91

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If the actual market price differs from the equilibrium price,buyers and sellers tend to make economic choices that restore the equilibrium level.


Definitions:

Cohesion

The force that holds molecules of the same substance together (e.g., water molecules to each other).

Dehydration Synthesis

A chemical reaction that binds molecules together with the loss of a water molecule.

Hydrogen Bond

A weak bond between two molecules resulting from an electrostatic attraction between a proton in one molecule and an electronegative atom in the other.

Polar Covalent

A type of chemical bond where two atoms share a pair of electrons unequally, resulting in a molecule with electrically charged poles.

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