Consider a Graph That Shows an Upward- Sloping Supply Curve

Multiple Choice

Consider a graph that shows an upward- sloping supply curve and a downward- sloping demand curve.The equilibrium price and equilibrium quantity are found at the

A) lowest possible price.
B) horizontal intercept of the demand curve.
C) point at which the quantity demanded equals the quantity supplied.
D) vertical intercept of the supply curve.
E) point at which demand equals supply.