Equilibrium price is attained when
A. Demand curve becomes parallel
B. Demand curve becomes perpendicular to the supply of curve
C. Demand curve intersects with supply curve
D. Demand curve and supply curve fall at 45°
Answer:C
Equilibrium price is attained when
A. Demand curve becomes parallel B. Demand curve becomes perpendicular to the supply of curve C. Demand curve intersects with supply curve D. Demand curve and supply curve fall at 45°