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

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.

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soupixo soupixo

11-03-2020

The answer is A. Good luck

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