In a free market, and after enough time passes and information is exchanged to reach equilibrium, supply equals demand for both price and quantity sold. That is one of the beauties of free enterprise. It is efficient, productive and generates little economic waste. If every good and service stayed at equilibrium, then we could end the course right now. | In a free market, and after enough time passes and information is exchanged to reach equilibrium, supply equals demand for both price and quantity sold. That is one of the beauties of free enterprise. It is efficient, productive and generates little economic waste. If every good and service stayed at equilibrium, then we could end the course right now. |