Bright Barnett
01/24/2024 · Middle School
A product has reached its equilibrium price when: A. supply and demand for the product are equal at that price. B. the cost of the product in all markets is equal at that price. c. revenue and cost are equal for the product at that price. D. all consumers have equal access to the product at that price.
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Supply and demand are equal at the equilibrium price.
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