In graphing supply and demand, at what point is market equilibrium achieved?
A) When supply is slightly above demand
B) When supply is slightly below demand
C) When supply and demand intersect
D) When demand is significantly above supply
Correct Answer:
Verified
Q35: Which of the following defines the opportunity
Q36: Which best describes the economy of the
Q37: Which best describes the calculation of GNP
Q38: In the United States changes in the
Q39: If you purchase a 10 year, $15000.00
Q41: In the United States which industry could
Q42: What do most economists view as the
Q43: According to the law of demand, the
Q44: If productivity is the amount of output
Q45: Which of the following industries in the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents