equilibrium
The point where supply and demand meet is called market equilibrium.
Point of equilibrium!
The point where supply and demand intersect is the equilibrium point. This is the point where quantity demanded and quantity supplied are equal.
Equilibrium is the point where demand = supply
This would be having exactly enough, but not too much of the product in demand. So you would be maximizing profit!
The point where supply and demand meet is called market equilibrium.
The point of intersection of Demand and Supply curves is the equilibrium point.
Point of equilibrium!
The point where supply and demand intersect is the equilibrium point. This is the point where quantity demanded and quantity supplied are equal.
Equilibrium is the point where demand = supply
This would be having exactly enough, but not too much of the product in demand. So you would be maximizing profit!
When supply and demand are equal, that is a state of equilibrium.
which is true about the functional relationship shown in the graph
From 12th grade Economics, I can say that that point is called equilibrium. that is the point where both supply and demand's needs are met. If the point is above the supply and demand lines, It is inefficient and is only reached through new breakthroughs like technology, more workers, etc... and if the point is below where both lines meet, resources are being used inefficiently. Economics is the study of allocating scarce resources, after all.
The equilibrium price.
The equilibrium price.
your mum:D:D:D:D:D hahahahaha