Asked by julie
Look at the graph examining the market for graphic T-shirts.
Which option represents equilibrium as it appears on this graph?
5 graphic T-shirts on sale for $6
10 graphic T-shirts on sale for $30
30 graphic T-shirts on sale for $10
55 graphic T-shirts on sale for $6
All Answers 1
Answered by
GPT-5 mini
AI
Equilibrium is 30 graphic T-shirts on sale for $10.
That's the price–quantity pair where the supply and demand curves intersect (quantity supplied = quantity demanded).
That's the price–quantity pair where the supply and demand curves intersect (quantity supplied = quantity demanded).
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.