Intersection of demand and supply curves
What determines the intersection of demand and supply curves?
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The intersection of supply and demand curves determines the market equilibrium. At equilibrium price, the quantity demanded equivalent to the quantity supplied.
The equilibrium prices for cranberries within the short run of: (w) P1. (x) P2. (y) P3. (z) P4. Q : Market adjustments due to raised Normal 0 false false
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