67.8k views
5 votes
In a market without price controls, producers can charge the _____, so that consumers will buy all of their products.

a. surplus price shortage price equilibrium price

User JosefN
by
8.4k points

1 Answer

2 votes
In a market without price controls, producers can charge the equilibrium price, so that consumers will buy all of their products. Equilibrium price is the price at which the quantity of a product offered is equal to the quantity of the product in demand.
User Janos
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.