Question

where supply and demand intersect on a graph, quantity demanded equals quantity supplied and there is no excess supply-surplus or excess demand-shortage. this intersection is referred to as .... A.the equilibrium demand B.the equilibrium supply C.the perfect price D.the equilibrium

Answer 1

equilibrium price. , or the perfect price.

Step-by-step explanation:

not aware of it being referred to as the perfect price but I guess it could be.

amount sold will be affected by price ceilings.