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question 2 (1 point) listen once a market equilibrium price has been determined: it cannot be changed due to changed market conditions. therefore, it is necessary for the government to update prices once a year to reflect new economic realities. it will change randomly, even when there has been no change in market conditions. by the government, it can only be changed by a vote of the capitalist class in congress. the price will remain the same unless market demand changes or market supply changes due to changing market forces.
Market equilibrium price is determined by the intersection of demand and supply curves. It remains stable until there are shifts in either demand or supply caused by factors like changes in consumer preferences, input - costs etc.
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the price will remain the same unless market demand changes or market supply changes due to changing market forces.