Explain What Happens When the Demand Curve Intersects with the Supply

question 88

Essay

Explain what happens when the demand curve intersects with the supply curve.

---

Definitions:

Psychological Disorder

A psychological disorder is a mental health condition characterized by disruptions in thought, behavior, emotions, or a combination of these, impacting daily functioning.

Antisocial Personality

A trait of individuals displaying behaviors that are against societal norms, including manipulation, deceit, and a lack of empathy; closely associated with antisocial personality disorder.

Schizophrenia

A chronic and severe mental disorder characterized by disturbances in thought, perception, and behavior, leading to detachment from reality (psychosis).

Depression

A mood disorder characterized by ongoing depressive feelings or a disengagement with usual pursuits, crucially undermining daily activities.