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natulia [17]
3 years ago
5

2. what is the equilibnim price?what is the equilibran quantity​

Mathematics
1 answer:
MariettaO [177]3 years ago
8 0

Answer: The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity.

Step-by-step explanation:

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Answer:

Below.

Step-by-step explanation:

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