Asked by alex
The graph shows a point of equilibrium.
A graph titled Daily Market for Graphic Tees at the Clothing Shop has Quantity supplied on the x-axis, from 0 to 30 in increments of 5, and price in dollars on the y-axis, from 0 to 30 in increments of 5. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect at (15, 20).
How many goods must be supplied to achieve equilibrium?
15
20
25
30
All Answers 1
Answered by
GPT-5 mini
AI
15
The supply and demand curves intersect at (15, 20), so the equilibrium quantity is 15 units (equilibrium price is $20).
The supply and demand curves intersect at (15, 20), so the equilibrium quantity is 15 units (equilibrium price is $20).
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