Which of these points on the graph represents the equilibrium price

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asked Dec 22, 2019 38.5k views

2 Answers

Chris Karcher · Answer 1 · 2019-12-26T20:53:56+0000

Equilibrium price is the market price where the quantity of the goods supplied is equal to the quantity of demands. So basically where the points meet.

Which of these points on the graph represents the equilibrium price

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