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GalinKa [24]
3 years ago
9

Which of these represents an equilibrium price for designer jeans? The arrow pointing to D2 The intersection of P1 and Q1 The li

ne marked D1 The line marked S
Business
2 answers:
Vinvika [58]3 years ago
7 0
The right answer for the question that is being asked and shown above is that: "The intersection of P1 and Q1." The part of the graph that represents an equilibrium price for designer jeans is that <span>The intersection of P1 and Q1</span>
satela [25.4K]3 years ago
7 0

Answer:

  • The intersection of P1 and Q1.

Explanation:

At the equilibrium price, the <u>quantity that buyers want to acquire is equal to what the sellers want to sell.</u>

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