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in shortage or surplus) back into equilibrium. In the "real world" how do the buyers and sellers know how to behave to help bring a market that is not in equilibrium (i.e. in shortage or surplus) back into equilibrium. What are the signals to them that helps this process along?

in shortage or surplus) back into equilibrium.

In the "real world" how do the buyers and sellers know how to behave to help bring a market that is not in equilibrium (i.e. in shortage or surplus) back into equilibrium. What are the signals to them that helps this process along?

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