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Markets and Economics of the Public Sector Markets and Economics of the Public SectorKendell Joplin, Christa Sullivan, Joseph Hannah, & Lynnea ShorterECO/36512/12/2016Neil JohnsonMarkets and Economics of the Public SectorEquilibrium of Supply and DemandWhen asked to explain why equilibrium of supply and demand is desirable we first need to understand what it is. The equilibrium of.