Where the supply and demand curves cross, the amount that consumers want to buy is

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The point where the supply and demand curves cross is called the equilibrium point. At this point, the quantity of goods or services that consumers want to buy is equal to the quantity that firms want to sell. This is why it is also known as the market-clearing price, as it is the price at which supply and demand are balanced and there is no excess demand or excess supply.

Where the Supply and Demand Curves Cross, the Amount That