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Equilibrium Quantity
The quantity of a good or service at which supply equals demand, resulting in no net surplus or shortage in the market.
Ironing Boards
Flat, foldable boards used as a stable surface for ironing clothes and linens.
Equilibrium Quantity
The quantity of goods or services supplied that is equal to the quantity demanded at a particular price level, reaching a state of market balance.
Equilibrium Price
The economic value where the quantity of goods brought to the market equals the quantity taken by consumers.
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