welchkayla70
welchkayla70 welchkayla70
  • 06-03-2022
  • Mathematics
contestada

What is the equilibrium price shown on this graph​

What is the equilibrium price shown on this graph class=

Respuesta :

homedogxD homedogxD
  • 06-03-2022

The answer is 4, because that's where the lines intercept.

Answer Link
semsee45
semsee45 semsee45
  • 06-03-2022

Answer:

$4

Step-by-step explanation:

The equilibrium price is the point where the two lines are equal, i.e. the point of intersection of the two lines.

Therefore, the solution is $4

Answer Link

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