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Alona [7]
3 years ago
14

The point where P1 and Q1 intersects represents the

Business
1 answer:
Lena [83]3 years ago
5 0
Good evening, Benedettoanna24!

The point where P1 and Q1 intersects represent the equilibrium (Q) price, a price that represents the same amount of supply and demand in the market of that product.

I hope this answer has satisfied your needs, and if you have anymore questions, feel free to ask. Have a good night!
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