Question

market equilibrium is determined by which of the following? the point where the supply and demand curves intersect the point where quantity demanded is greater than quantity supplied the point where there is excess demand for a product the point where quantity supplied is greater than quantity demanded

Explanation:

Market equilibrium occurs when the quantity of a good that consumers want to buy equals the quantity that producers want to sell. This is visually represented by the intersection of the supply and demand curves. The other options describe situations of excess demand or excess supply, which are disequilibrium states.

Answer:

the point where the supply and demand curves intersect