(Economics)How is the equilibrium price found using a supply and demand graph

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asked Jun 24, 2021 176k views

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Steve Kim · Answer 1 · 2021-06-25T17:02:51+0000

On a graph, the point where the supply curve (S) and the demand curve (D) intersect is the equilibrium. ... At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.

(Economics)How is the equilibrium price found using a supply and demand graph

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