Which statement defines equilibrium in a graph showing demand and supply curves?
Α.It is the p...
Mathematics, 21.05.2020 07:59 mashedpotatoes28
Which statement defines equilibrium in a graph showing demand and supply curves?
Α.It is the point where the demand and supply curves intersect.
B. It is the point where the demand and supply curves begin.
C. It is the point on the demand curve where demand is highest.
D. It is the point on the supply curve where supply is highest.
Answers: 2
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