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mylen [45]
2 years ago
5

Supply and Demand Equilibrium A graph titled Supply and Demand equilibrium has quantity on the x-axis and price on the y-axis. L

ine A has a positive slope and line B has a negative slope. The 2 lines intersect at point C. Match each term with the correct part of the graph. Demand curve Supply curve Equilibrium point
Business
1 answer:
alex41 [277]2 years ago
4 0

C is the point in the graph  refers to the equilibrium price. Because the equilibrium demand and supply have produced this point, it is known as the equilibrium price.

<h3>What is equilibrium?</h3>

Economic equilibrium is the set of economic variables that drives the economy, such as supply and demand. The term "economic equilibrium" can be used to a variety of variables, including interest rates and total consumer expenditure.

C point refers as equilibrium price produced by the demand and supply mention on X and Y axis respectively.

Learn more about Equilibrium, here:

brainly.com/question/16726629

#SPJ1

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4 years ago
Why does Andrew's mother say that most people have a lifetime financial plan even though they don't know it?
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D

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4 0
3 years ago
The preferred stock of Dolphin Pools pays an annual dividend of $5.25 a share and sells for $48 a share. The tax rate is 35 perc
inn [45]

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