At a price of $654,400 the SSC Ultimate Aero has been ranked as the third most expensive car in the world.The company is only planning to build twenty-five of the current model.If that matches the demand for the Ultimate Aero,then a state of _____has been achieved.
A) symmetry
B) marketing balance
C) unitary economics
D) commerce stability
E) price equilibrium

Question

Quizplus · Accepted Answer

Price equilibrium is achieved at the price at which supply is equal to demand.

At a Price of $654,400 the SSC Ultimate Aero Has