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What is the price at which equilibrium is achieved?
$8
$9
$10
$30

1 Answer

2 votes

Answer:

$9

Explanation:

The equilibrium price is achieved at 9. The graph represents the quantity demanded and the supply of the products are equal. The equilibrium price is the point where variables will not change and no external influence will tend to pull the supply or demand in a corresponding direction.

User Marcus Parsons
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