Which option represents equilibrium as it appears on this graph?
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where is ur options n graph???
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Equilibrium is the mid point at which the two line in the graph meet.Its the point at which everything is balanced for example we can say a good is at equilibrium in the market when the supply and demand is steady,the output and income are balanced and at this point the business can realise an economic increase hence growth of the company.
When a market demand and supply curve are drawn in a gr graph the point at which the two will meet when drawn is the equilibrium point.
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