Question
Select the best answer.
Identify the point where the supply and demand curves intersect.
market equilibrium
total utility
the point of marginal utility
Identify the point where the supply and demand curves intersect.
market equilibrium
total utility
the point of marginal utility
Answers
GPT-4o mini
The best answer is **market equilibrium**. This is the point where the supply and demand curves intersect, indicating the price and quantity at which the market is in balance.