Assuming no government intervention, describe the market behaviour that should result if the price of a product is below its equilibrium price; then describe the behaviour that should occur if the price is above its equilibrium price.

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The Answer of Assuming no government intervention, describe the market behaviour that should result if the price of a product is below its equilibrium price; then describe the behaviour that should occur if the price is above its equilibrium price.

Assuming No Government Intervention, Describe the Market Behaviour That Should