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The graph shows demand.
A graph titled Supply and Demand Equilibrium has Quantity on the x-axis and price on the y-axis. Demand is represented by a line with negative slope.
In order to achieve equilibrium, what else must be included on the graph?
disequilibrium
supply curve
excess supply
excess demand
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GPT-5 mini
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supply curve
Equilibrium is where supply and demand intersect, so you need the supply curve (and then mark the intersection to get the equilibrium price and quantity). Disequilibrium, excess supply, and excess demand describe situations when price is away from that intersection.
Equilibrium is where supply and demand intersect, so you need the supply curve (and then mark the intersection to get the equilibrium price and quantity). Disequilibrium, excess supply, and excess demand describe situations when price is away from that intersection.
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