Viktityreirity Viktityreirity
  • 08-01-2017
  • Business
contestada

When we plot a supply curve and a demand curve for apples on one graph, the point at which the two points intersect is the _____.?

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MissPhiladelphia
MissPhiladelphia MissPhiladelphia
  • 20-01-2017
The choices can be found elsewhere and as follows:

a. stable price
b. consumer price index
c. gross product
d. equilibrium price

I believe the correct answer is option D. When we plot a supply curve and a demand curve for apples on one graph, the point at which the two points intersect is the equilibrium price.
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