The supply curve and the demand curve intersect at the point where:

Name: The supply curve and the demand curve intersect at the point where:
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Quizplus · Accepted Answer

The supply curve and the demand curve intersect at the point of equilibrium, which is the point where the quantity demanded by consumers is equal to the quantity supplied by producers. At this point, there is no shortage or surplus in the market, and the price is stable. Therefore, at the point of intersection, the market reaches its most efficient state.

The Supply Curve and the Demand Curve Intersect at the Point