When demand and supply meet, the price of the product or service is established. What is this point called?
A) equilibrium
B) interaction
C) price intersection
D) monetary value
Correct Answer:
Verified
Q50: If you were told the output of
Q51: Josh Loachim quit his job in advertising
Q52: The unemployment rate is the percentage of
Q53: If, in 2010, 7.5 percent of a
Q54: What is a decline in real GDP
Q56: If the GDP of a country in
Q57: Which of the following is a form
Q58: Full employment is having jobs for all
Q59: Which type of unemployment is related to
Q60: As soon as Kazakhstan, a former member
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