-Refer to the diagram above.The equilibrium price is ________ per unit.
A) $9.00
B) $7.00
C) $5.00
D) $3.00
E) $1.00

Name: -Refer to the diagram above.The equilibrium price is ________ per unit. A) $9.00 B) $7.00 C) $5.00 D) $3.00 E) $1.00
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Question

-Refer to the diagram above.The equilibrium price is ________ per unit.
A) $9.00 
B) $7.00 
C) $5.00 
D) $3.00 
E) $1.00

Quizplus · Accepted Answer

The equilibrium price is where the supply and demand curves intersect, which is at $5.00 per unit.

-Refer to the Diagram Above