If the market for salmon is in equilibrium, there is not a shortage or a surplus of salmon.

Name: If the market for salmon is in equilibrium, there is not a shortage or a surplus of salmon.
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Quizplus · Accepted Answer

In equilibrium, the quantity of salmon supplied equals the quantity of salmon demanded, so there is no excess supply or demand. Therefore, there is no shortage or surplus of salmon in the market.

If the Market for Salmon Is in Equilibrium, There Is