hayley5686 hayley5686
  • 15-03-2018
  • Business
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What do economists mean when they say firms are searching for a new equilibrium?

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MrsTriplet MrsTriplet
  • 24-03-2018
When a firm is searching for a new equilibrium it's likely they are wanting to find a new number to base their quantity demanded off of to equal what they supply.   It would be ideal for a firm to have an equilibrium because they are able to service each customer exactly what they want and they aren't eating the costs of products that are not selling. 
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