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34 votes
34 votes
"In a supply and demand figure, the equilibrium price and quantity are found at the"1.Horizontal intercept of the supply and the curves2.Vertical intercept of the demand curve 3.Horizontal intercept of the demand curve4.Point where quantity supplied equals quantity demanded

User Jacmoe
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3.1k points

1 Answer

21 votes
21 votes

we have that

The equilibrium price and quantity are found where the quantity supplied equals the quantity demanded at the same price

so

the answer is option 4

User Perry Neal
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2.8k points