When Examining a Supply Curve and a Demand Curve That

question 7

Multiple Choice

When examining a supply curve and a demand curve that have been plotted on the same set of axes, where will you find the equilibrium point?

• A) At the point between the highest demand peak and the lowest supply valley.
• B) At the point between the highest supply peak and the lowest demand valley.
• C) At the point where the two curves end.
• D) At the point where the two curves intersect.

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