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Tatiana [17]
3 years ago
10

What is the point at which supply and demand intersect at a given price?

Business
2 answers:
WINSTONCH [101]3 years ago
8 0
The answer is an equilibrium point. In economics, this relates to the condition of the economic forces in which supplies and demand meet meaning the demand is equal to the supplies of the certain product. It is set by increasing or decreasing the price of a good in response to the movement of the supply and demand in the market. 
Nataly_w [17]3 years ago
4 0

The answer is an equilibrium point.

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