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The price at which the quantity demanded is equal to the quantity supplied is known as: a. the profit equilibrium. b. the market equilibrium. c. the marginal equilibrium. d. all of the above.
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The price at which the quantity demanded is equal to the quantity supplied is known as: a. the profit equilibrium. b. the market equilibrium. c. the marginal equilibrium. d. all of the above.

User Adam Larsen
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Answer:

the market equilibrium

Step-by-step explanation:

The price and quantity at which quantity demanded equals quantity supplied is known as market equilibrium.

The price at which the quantity demanded is equal to the quantity supplied is known-example-1
User Pindol
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