Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

What is the equilibrium price shown on this graph​

What Is The Equilibrium Price Shown On This Graph class=

Sagot :

The answer is 4, because that's where the lines intercept.

Answer:

$4

Step-by-step explanation:

The equilibrium price is the point where the two lines are equal, i.e. the point of intersection of the two lines.

Therefore, the solution is $4