Economy, asked by ikyaan, 6 months ago

5. What is meant by equilibrium price?

A:The lowest possible price for a product.
B:The most profitable price for a product.

C:The price which equates the demand for and supply of a product.

D:The price which equates the number of buyers for and sellers of a product.

Answers

Answered by deepadwivedi

1

Answer:

the price at which supply and demand are equal.

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