What Is the Market Equilibrium?

A higher price is attractive to sellers. So it's goin to get more cars on the road, and it's unattractive to buyers. Fewer people gan't wat to take taxis that higher price brings the quantity demanded down,. The quantity supplied up also brings the market closer to balance. And this balancing of supplying demand, i mean, this is happening in every market. This is happening inside every business, right? It's everywhere, all around us. We just don't see it. Even though we may not want to pay more, there is a certain joy in watching uberg during the search. You can see supply and demand happening in front of your eyes, in real