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What is the term for the point at which supply and demand are exacly equal?
Wiki User
∙ 12y ago
This would be having exactly enough, but not too much of the product in demand. So you would be maximizing profit!
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoWhen supply and demand are equal it is called equillibrium
Wiki User
∙ 12y agoEquillibrium.
Wiki User
∙ 13y agoEquillibrium
Wiki User
∙ 7y agoIt is the equilibrium price.
Wiki User
∙ 12y agoequilibrium
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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 the point at which quantity demanded and quantity supply are the same?
When supply and demand are equal, that is a state of equilibrium.
What is the point at which quantity supplied and quantity demanded are the same?
When supply and demand are equal, that is a state of equilibrium.
What is the point at which quantity demanded and quantity supplied are the same?
When supply and demand are equal, that is a state of equilibrium.
Point where demand and supply meet?
The point where supply and demand meet is called market equilibrium.
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 the point at which quantity demanded and quantity supply are the same?
When supply and demand are equal, that is a state of equilibrium.
What is eqiliblum point in the demand and supply?
The point of intersection of Demand and Supply curves is the equilibrium point.
What is the point at which quantity supplied and quantity demanded are the same?
When supply and demand are equal, that is a state of equilibrium.
What is the point at which quantity demanded and quantity supplied are the same?
When supply and demand are equal, that is a state of equilibrium.
Point where demand and supply meet?
The point where supply and demand meet is called market equilibrium.
What is supply and what is demand?
Demand and supply analysis concludes that the price of a give product in the market will vary and settle at a point where there is equality between the quantity demanded and the quantity supplied. When both are equal, the price and the quantity will be at equilibrium.
What is demand and supply analysis?
Demand and supply analysis concludes that the price of a give product in the market will vary and settle at a point where there is equality between the quantity demanded and the quantity supplied. When both are equal, the price and the quantity will be at equilibrium.
What does equilibrium?
Equilibrium is the point where demand = supply
The point at which supply and demand come together is called the?
equilibrium
What if supply exceeds demand?
When supply exceeds demand, it is known as a surplus.Surpluses only occur among rational producers and consumers if a regulatory price floor is in effect (that is, the government mandates that the price of the good or service in question not go below a certain level). If no such regulation is in place, the price of the good or service will lower to the point where supply and demand are equal to one another.If the price of the good is lowered, then demand will increase.
What does the equillibrium point on a supply and demand graph represent?
which is true about the functional relationship shown in the graph
