Market Equilibrium And Efficiency

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 These notes cover Unit 2: Market Equilibrium and Market Efficiency according to the MGT-2007 (Microeconomics for Business) New Syllabus 2076. The chapter explains how market price is determined through demand and supply, how consumer and producer surplus are created, and how efficiency or deadweight loss occurs. All concepts are presented with simple language, diagrams, examples, and exam-focused points.


































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