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What is the point called where the supply curve and the demand curve intersect. APEX equilibrium The point where the supply curve intersects the demand curve is called equilibri…

What is the point called where the supply curve and the demand curve intersect. APEX equilibrium The point where the supply curve intersects the demand curve is called equilibri…
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What is the point called where the supply curve and the demand curve intersect.

APEX equilibrium

The point where the supply curve intersects the demand curve is called equilibrium point.

User Abdul Khan
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1 Answer

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It is the equilibrium point. Equilibrium point is the Point where quantity demanded is equal to quantity supplied. (:
User Fogmeister
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