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elena55 [62]
3 years ago
8

Which statement defines equilibrium in a graph showing demand and supply curves?

English
2 answers:
zubka84 [21]3 years ago
6 0
I believe i<span>t is the point where the demand and supply curves intersect.
</span>
wlad13 [49]3 years ago
5 0

The statement that defines equilibrium in a graph showing demand and supply curves is<em> It is the point where the demand and supply curves intersect</em>. Equilibrium price is the price at which the quantity supplied is equal to the quantity demanded. The equilibrium quantity is the point in which supply and demand intersect.

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