2 years ago

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

English

2 answers:

zubka84 [21]2 years ago

6 0

I believe i<span>t is the point where the demand and supply curves intersect.
</span>

wlad13 [49]2 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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