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Where is the location on a graph where supply and demand intersect called?
Wiki User
∙ 13y ago
This is the equilibrium price.
Equilibrium price is when quantity demanded equals quantity supplied - i.e. it is the price where everything supplied will be bought, so the market will be cleared.
Wiki User
∙ 11y ago
Wiki User
∙ 13y agoequilibrium
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The location on a graph where supply and demand intersect is called?
Point of equilibrium!
What is meant by the equilibrium price?
It is the price where demand equals supply in a competitive market.
What place is the place where supply and demand curves intersect?
The point where supply and demand intersect is the equilibrium point. This is the point where quantity demanded and quantity supplied are equal.
What is needed to dertermine the equilibrium of a good or service?
by finding where the supply curve and the demand curve intersect
Where do equilibrium occurs in economic?
Where the demand curve and supply curve intersect.
The location on a graph where supply and demand intersect is called?
Point of equilibrium!
What istha location on a map where supply and demand intersect called?
market equilibrium / market clearing price.
What is meant by the equilibrium price?
It is the price where demand equals supply in a competitive market.
What if demand and supply don't intersect?
If demand and supply don't intersect on the positive quadrant of the graph, then producing and selling the product isn't feasible. There are things that can adjust the two lines so that they do intersect on the positive quadrant, such as lowering the cost of production to better facilitate supply.
What place is the place where supply and demand curves intersect?
The point where supply and demand intersect is the equilibrium point. This is the point where quantity demanded and quantity supplied are equal.
What is needed to dertermine the equilibrium of a good or service?
by finding where the supply curve and the demand curve intersect
Where do equilibrium occurs in economic?
Where the demand curve and supply curve intersect.
What is point located at the supply and demand curves intersect?
The equilibrium price.
What is located at the point where the supply and demand curves intersect?
The equilibrium price.
What are the factors affecting real estate?
Location Location Location...then supply and demand.
How is the equilibrium price determined?
It is the price where the intentions of buyers and sellers match. where the supply and demand curves intersect
When the demand does not meet supply what is that called?
Overproduction or glut or excess supply or demand shortage
