colexie5447 colexie5447
  • 24-02-2018
  • Business
contestada

Which is located at the point where the supply and demand curves intersect?

Respuesta :

MrsTriplet MrsTriplet
  • 06-03-2018
This means that the market has reached equilibrium. When the supply and the demand curve intersect the point where they do is showing that the quantity supplied is directly equal to the demand for the good/service. 
Answer Link

Otras preguntas

A student claims that x=2 is the only solution of the equation x/x-2=2/x-2. Is the student correct?
If you get the answer please also tell me how you got it thanks, I'm putting a lot of points for this one
occurs when heat is transfered into an object through motion or movement an example be boiling water
What would you say is the principal reason for daisy’s appeal to gatsby?
I need help with this one to
Many opponents of abortion today are motivated by
Each batch of oatmeal cookies needs 3/5 of a cup of raisins. If you cut the recipe in half, how many cups of raisins are needed?
Based on this passage, what can be concluded about M. Loisel from his conversation with Mathilde?She dressed plainly because she could not dress well, but she w
4-2n≤5-n+1 I need some help with this problem
Multiply the following polynomials, then place the answer in the proper location on the grid. Write the answer in descending powers of x. (6x + 1)(5x + 8)