What Is the Point at Which the Supply Curve and the Demand

question 35

Multiple Choice

What is the point at which the supply curve and the demand curve intersect on a graph?

• A) equilibrium price
• B) decision point
• C) surplus price
• D) perfect price
• E) parity point

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Definitions:

Sand

A granular material composed of finely divided rock and mineral particles, typically found on beaches, deserts, and riverbeds.

Sieve Elements

Specialized cells found in the phloem of vascular plants, involved in the transport of sugars and other nutrients from leaves to other parts of the plant.

Companion Cells

Specialized cells found in the phloem of plants that support the function of sieve tube elements.

Translocation

The process by which substances are transported inside a plant or the movement of chromosomes or segments of chromosomes to new positions during cell division.