Marking brainliest / written answers 1. under what conditions is a market at equilibrium? 2. when supply exceeds demand, what happens to prices? 3. what kinds of goods require search costs? 4. how does a supply shock affect equilibrium pricing? 5. why do buyers and sellers conduct business on the black market?

1) When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.

2)The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity.

3) goods brought on by fads

4) Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.

5) consumers are able to pay more so they can buy a product when rationing makes it unavailable

1.the 80s' fashion for men was like a mixed bag that had skinny tights, leather pants, and jackets, parachute pants (or hammer pants), leg warmers, very short shorts, ripped and stone-washed denims, frilly puff-sleeved shirts, oddly striped shirts, skinny neck ties, hawaiian shirts, jams, nylon tracksuits in neon colors.

2.

3.colored tvs, malls, telephones

explanation:

google searches