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amid [387]
3 years ago
9

The point at which supply meets demand and all of a product will usually be purchased is known as what?

Social Studies
1 answer:
iragen [17]3 years ago
5 0

<span>The point at which supply meets demand and all of a product will usually be purchased is known as what? Equilibrium.</span>

<span>Equilibrium in economics is focused on supply and demand being the same. Balance is key with equilibrium because that's when the two sides are equal and the demand meets the supply on hand. 
</span>

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