In a supply and demand figure, the equilibrium price and quantity are found at the

Name: In a supply and demand figure, the equilibrium price and quantity are found at the
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The equilibrium price and quantity are found at the point where quantity supplied equals quantity demanded. This is represented by the intersection of the supply and demand curves on the graph, which shows the price at which buyers are willing to buy and sellers are willing to sell the same quantity of a good or service.

In a Supply and Demand Figure, the Equilibrium Price and Quantity