9
QuizMultiple Choice

2.3 Determining Market Price

Question 9 of 10 • TX-Economics Chamberlain P4 T1

The graph shows a point of equilibrium.What does "Q” represent on the graph?

Question illustration
Answer
A
the point where equilibrium is achieved
B
the quantity at the equilibrium point
C
the average cost of goods sold
D
the point where supply and demand drop
Previous
Next