what does \p\ represent on the graph?\n the point where equilibrium is achieved\n the price at the…

what does \p\ represent on the graph?\n the point where equilibrium is achieved\n the price at the equilibrium point\n the average price of goods sold\n the point where supply and demand drop

what does \p\ represent on the graph?\n the point where equilibrium is achieved\n the price at the equilibrium point\n the average price of goods sold\n the point where supply and demand drop

Answer

Answer:

B. the price at the equilibrium point

Brief Explanations:

In a supply - demand graph, the equilibrium point is where supply and demand curves intersect. The vertical axis represents price. 'P' is on the vertical axis at the equilibrium intersection, so it represents the price at the equilibrium point.