how many goods must be supplied to achieve equilibrium?\no 15\no 20\no 25\no 30
how many goods must be supplied to achieve equilibrium?\no 15\no 20\no 25\no 30
Answer
Answer:
A. 15
Explanation:
Step1: Identify equilibrium point
The equilibrium point is where the supply and demand curves intersect on the graph.
Step2: Read quantity at intersection
At the intersection of the supply and demand curves, the quantity - supplied value on the x - axis is 15. So, 15 goods must be supplied to achieve equilibrium.