Equilibrium price is the... a. point where supply and demand meet b. average price for all brands of the same product c. price the government sets for a product d. price charged…

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asked May 18, 2018 74.7k views

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Dan Bliss · Answer 1 · 2018-05-22T10:01:49+0000

Equilibrium Price is the price at which the amount of a product offered is equal to the amount of the product in demand. Therefore, the best answer is A.

Equilibrium price is the... a. point where supply and demand meet b. average price for all brands of the same product c. price the government sets for a product d. price charged…

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