Question

Question 4 of 20

How is the equilibrium price found using a supply and demand graph?
A. It is found at the midpoint of the supply curve.
B. It is found at the midpoint of the demand curve.
C. It is found where the supply curve meets the demand curve.
D. It is found at the lowest point of the supply curve.
SOBMIT

Answer 1

C.

It is found where the supply curve meets the demand curve