Ask Question
7 March, 09:46

The equilibrium price and quantity of a good are found where the supply and demand curves intersect.

a) true

b) false

+4
Answers (1)
  1. 7 March, 13:28
    0
    True. Do not forget that the equilibrium quantity is found when the quantity demanded is equal to the quantity supplied, which must be where the two curves intersect.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The equilibrium price and quantity of a good are found where the supply and demand curves intersect. a) true b) false ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers