On a graph the demand curve and supply curve cross. At that crossing p…

Question

On a graph the demand curve and supply curve cross. At that crossing point:

Accepted Answer

B. Both match

1. Quantity demanded equals quantity supplied there.
2. No buyer or seller is left waiting.
3. So both match at that price.
_Source: OpenStax Principles of Microeconomics 3e, Chapter 3, Demand and Supply._

Answer

Both crash

Answer

Both stall

Answer

Both climb

On a graph the demand curve and supply curve cross. At that crossing point:

Keep practising Demand Supply and Equilibrium