daily market for graphic tees at the clothing shop\non this graph, the equilibrium point occurs at which…
daily market for graphic tees at the clothing shop\non this graph, the equilibrium point occurs at which price?\n$6\n$9\n$12\n$15\nprice in dollars\nsupply\ndemand\nquantity supplied
Answer
Explanation:
Step1: Identify equilibrium point
The equilibrium point is where the supply and demand curves intersect.
Step2: Read price at intersection
At the intersection point on the graph, the price - axis value is $9.
Answer:
$9