Q. A group of buyer and sellers of a particular good or service

Q. This part of the market determines DEMAND

Q. This part of the market determines SUPPLY

Q. For the law of demand, as price rises, what happens to quantity demanded?

Q. For the law of supply, as price rises, what happens to quantity supplied?

Q. When quantity supplied and quantity demanded is equal

Q. If a price is above equilibrium price, it creates a...

Q. If a price is below the equilibrium price it creates a...