Graph 6-6
-According to Graph 6-6, in panel a, at the actual price there will be:

Name: Graph 6-6 -According to Graph 6-6, in panel a, at the actual price there will be:
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Question

Graph 6-6 
-According to Graph 6-6, in panel a, at the actual price there will be:

Quizplus · Accepted Answer

At the actual price, the quantity demanded and the quantity supplied are equal. This is the definition of equilibrium in the market, which means there is no shortage or surplus of wheat and no excess demand or excess supply.

Graph 6-6 -According to Graph 6-6, in Panel A, at the Actual