Complete the following using the terms listed.
-The point where the supply and demand curves intersect is the _____.
A)Consumer Price Index (CPI)
B)Inflation
C)Gross domestic product (GDP)
D)fiscal policy
E)monetary policy
F)equilibrium price
G)budget deficit
H)Pure competition
I)supply
J)Demand
K)Productivity
L)recession
M)microeconomics
N)oligopoly
O)monopoly

Question

Quizplus · Accepted Answer

The point where the supply and demand curves intersect is known as the equilibrium price, which is the price at which the quantity of goods supplied equals the quantity of goods demanded.

Complete the Following Using the Terms Listed