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What is equilibrium?

A. when quantity supplied is not equal to quantity demanded in a market

B. the point at which quantity demanded and quantity supplied are equal

C. when quantity demanded is more than quantity supplied

D. when quantity supplied is more than quantity demanded

User Xabs
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1 Answer

2 votes

Answer:

B.

Step-by-step explanation:

equilibrium is pretty much self explanatory, both the demand and quantity has to be equal

User Bingo
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