which occurs during market equilibrium? select two options. supply and demand meet at a specific price…
which occurs during market equilibrium? select two options. supply and demand meet at a specific price. supply is slightly greater than demand. supply and demand meet at a specific quantity. supply and demand meet at a demand point. supply and demand meet at a supply point.
Answer
Brief Explanations:
Market equilibrium is when the quantity of a good or service that producers are willing to supply equals the quantity that consumers are willing to demand. This occurs at a specific price - quantity combination on the supply - demand graph.
Answer:
Supply and demand meet at a specific price. Supply and demand meet at a specific quantity.