morganv12
morganv12 morganv12
  • 11-03-2020
  • Business
contestada

Which point on the graph represents the equilibrium price?

А. A
B. B
C. C

Which point on the graph represents the equilibrium price А A B B C C class=

Respuesta :

akindeleot
akindeleot akindeleot
  • 11-03-2020

Answer:

The point "A" on the graph represents the equilibrium price.

Explanation:

At point B, the quantity supplied and demanded is low while the price is very high.

At point C, the quantity supplied and demanded is very high while the price is very high.

At point A, the quantity and price is balanced.

Answer Link
soupixo
soupixo soupixo
  • 11-03-2020
The answer is A. Good luck
Answer Link

Otras preguntas

A square is a rectangle
What is the graph of the inequality? d < 2
Write about what you intend to be on future using future tense.
What is Achilles major flaw?
lewis structure of graphite
4. A custom T-shirt company charges a $200.00 set up fee and $5.00 per T-shirt. Approximately how many T-shirts must be produced so that the total cost per T-sh
Find the quotient of 4.13 × 10^-8 and 0.04 × 10^5
Ben is 12 years older than Ishaan. Ben and Ishaan first met two years ago. Three years ago, Ben was 4 times as old as Ishaan. How old is Ishaan now?
Kurt deposited money into his bank account every month. The amount of money he deposited in the first 5 months of 2014 is listed in the table. Month Amount Depo
What are the characteristics of Louis XIV's rule in France?