In graphing supply and demand, at what point is market equilibrium achieved?
  1. When supply is slightly above demand
  2. When supply is slightly below demand
  3. When supply and demand intersect
  4. When demand is significantly above supply
Explanation
Answer: C - When supply and demand intersect.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz