an equilibrium in a market occurs: at the halfway point on a demand curve. at the halfway point on the price…
an equilibrium in a market occurs: at the halfway point on a demand curve. at the halfway point on the price axis. when suppliers have sold all the goods and services that they have produced. when the quantity supplied equals the quantity demanded.
Answer
Brief Explanations:
Market equilibrium is defined as the state where quantity supplied equals quantity demanded.
Answer:
When the quantity supplied equals the quantity demanded.