In marketing,supply and demand interact to create a(n)_____price-the price at which buyers are willing to purchase the amount that sellers are willing to sell.
A)gross domestic
B)optimal
C)equilibrium
D)consumer

Question

Quizplus · Accepted Answer

Equilibrium price is the price at which the quantity of goods demanded by consumers equals the quantity of goods supplied by sellers, leading to a balance in the market.

In Marketing,supply and Demand Interact to Create A(n)_____price-The Price at Which