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  • Economic Decisions and Systems Online Test
  • The point where supply and demand are equal....
Multiple choice

The point where supply and demand are equal.... 

  1. price is too high

  2. porduction price

  3. investment price

  4. market price

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Market price (or equilibrium price) is the price at which the quantity supplied equals the quantity demanded.

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