In a Supply and Demand Figure, the Equilibrium Price and Quantity

question 494

Multiple Choice

In a supply and demand figure, the equilibrium price and quantity are found at the

• A) point where quantity supplied equals quantity demanded.
• B) horizontal intercept of the demand curve.
• C) vertical intercept of the supply curve.
• D) horizontal intercept of the supply and the demand curves.

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Tuning Fork

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