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What is the term that describes when the amount of goods produced is about the same as the number of consumers who are willing to buy the product? O A. Equilibrium point O B. Supply O C. Demand D. Risk
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Dec 17, 2021
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What is the term that describes when the amount of goods produced is about the same as the number of consumers who are willing to buy the product? O A. Equilibrium point O B. Supply O C. Demand D. Risk
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SeanHehir
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1
Answer
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votes
Answer:
Equilibrium
point
An
optimum
position
of
a
market
price
that
generates
the
equal
amount
on
demand
and
supply
for
a
product
or
service
Johnny Wey
answered
Dec 22, 2021
by
Johnny Wey
7.4k
points
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