which occurs during market equilibrium? select two options.\n□ supply and demand meet at a specific…

which occurs during market equilibrium? select two options.\n□ supply and demand meet at a specific price.\n□ supply is slightly greater than demand.\n□ supply and demand meet at a specific quantity.\n□ supply and demand meet at a demand point.\n□ supply and demand meet at a supply point.

which occurs during market equilibrium? select two options.\n□ supply and demand meet at a specific price.\n□ supply is slightly greater than demand.\n□ supply and demand meet at a specific quantity.\n□ supply and demand meet at a demand point.\n□ supply and demand meet at a supply point.

Answer

Answer:

  • Supply and demand meet at a specific price.
  • Supply and demand meet at a specific quantity.

Brief Explanations:

Market equilibrium is when supply and demand curves intersect, determining an equilibrium price and quantity. At this point, the quantity supplied equals the quantity demanded.