Question

At the market equilibrium​ price, A. quantity demanded equals quantity supplied. B. demand equals supply. C. everyone can buy the product. D. quantity and price are equal.

Answer 1

Option (A) is correct.

Step-by-step explanation:

Market equilibrium refers to the equilibrium where the demand and supply curve intersect each other. At this intersection point, the quantity supplied of a product and quantity demanded for a product are equal corresponding to a market equilibrium price.

At this point, the demand and supply of the goods are equal.