Respuesta :
When the market is at a state known as equilibrium, the overall gains from trade (for all of the consumers of a commodity and all of the producers of a good) are maximized.
When a market reaches equilibrium, what does that mean?
At the price where quantities demanded and supplied are equal, equilibrium is reached. By displaying the total price and quantity at which the supply and demand curves intersect, we may visualize a market in equilibrium.
Does a market have a consumer surplus when it is in equilibrium?
Consumer surplus is the region (often a triangular region) above the equilibrium price of the good and below the demand curve on a supply and demand diagram. The market equilibrium is the point at which a price stabilizes, ensuring that both consumers and producers get the maximum surplus in an economy.
Learn more about market equilibrium: https://brainly.com/question/25300841
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