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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 _____.?

1 Answer

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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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User Claudiopb
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