Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
''When the quantity demanded intersect with quantity supplied, it leads o the formation of equilibrium point.''
How equilibrium occur?
The equilibrium price and equilibrium quantity occur where the supply and demand curves cross with each other. The equilibrium occurs when the quantity demanded is equal to the quantity supplied.
So we can conclude that when the quantity demanded intersect with quantity supplied, it leads o the formation of equilibrium point.
Learn more about equilibrium here: https://brainly.com/question/517289
Equilibrium is the condition when the supply of any goods meets the demands completely. The point at which the graph intersects is the equilibrium price.
What is Equilibrium?
Equilibrium is the condition when the supply of any goods meets the demands completely. Therefore, no extra goods are left.
Equilibrium is the condition when the supply and the demand line cross each other on a price and quantity graph as shown below. The point at which the graph intersects is the equilibrium price.
Learn more about Equilibrium Price:
https://brainly.com/question/12894603
#SPJ4
Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.
