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10 cards from this deck
When quantity demanded equals quantity supplied
No shortage or surplus; all buyers/sellers satisfied
Quantity supplied > quantity demanded (price too high)
Quantity demanded > quantity supplied (price too low)
Downward pressure on price
Upward pressure on price
Higher equilibrium price AND higher quantity
Lower equilibrium price BUT higher quantity
Signalling system that guides market to equilibrium
Goods that can be used in place of each other
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