Register

*ECONOMICS* At what price is the quantity consumers would buy and the quantity the business would supply the same? __________. We call this ___________.

*ECONOMICS* At what price is the quantity consumers would buy and the quantity the business would supply the same? __________. We call this ___________.
225k views
10 votes
*ECONOMICS*

At what price is the quantity consumers would buy and the quantity the business would supply the same? __________. We call this ___________.

User Ccgus
by
8.3k points

1 Answer

9 votes
The equilibrium is the only price where quantity demanded is equal to quantity supplied.
User Farhang Amaji
by
7.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
Link Copied!