In Business / College | 2025-07-05

What's the price at which the quantity of demand for a product equals the quantity of supply?
A. True cost
B. Market price
C. Break-even price
D. Selling price

Asked by cbone14

Answer (1)

The price at which the quantity of demand equals the quantity of supply is called the market price . It represents the equilibrium point in a market where demand and supply meet. Other terms like break-even price refer to different concepts in pricing strategies. ;

Answered by GinnyAnswer | 2025-07-05

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