Discuss the following statement: “Since supply and demand curves are
always shifting due to various demand and supply-side disturbances,
markets never actually reach an equilibrium. Therefore, the concept of
equilibrium is useless.”
https://www.onlinefreelancersnetwork.com/wp-content/uploads/2020/08/logoOFN.png00Frank Mainhttps://www.onlinefreelancersnetwork.com/wp-content/uploads/2020/08/logoOFN.pngFrank Main2021-08-20 13:51:022021-08-20 13:51:02Discuss the following statement: “Since supply and demand curves are always shifting due to various demand and supply-side disturbances, markets never actually reach an equilibrium. Therefore, the concept of equilibrium is useless.”