Question

The Kingsabode Daily is a community news agency that distributes newspapers to the residents of Kingsabode County. To meet the demand and to ensure that there is zero wastage of resources, the news agency prints 250 newspapers that are distributed in the 250 homes in the county. The price associated with such a demand and supply pattern is called the _____.

Answer 1

equilibrium price

Step-by-step explanation:

Equilibrium price -

It refers to the situation , where the demand and supply balances out each other , without any external factor , is referred to as equilibrium price .

In simple language ,

It refers to the condition where the number of goods manufactured equals to the number of goods distributed .

Hence , from the given scenario of the question ,

The correct answer is equilibrium price .