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Use the Accompanying Figure to Answer the Following Question

Question 36

Multiple Choice

  Use the accompanying figure to answer the following question -The intersection of the two lines (the middle of the  X ) on the graph represents _____________. A) market equilibrium B) the maximum price buyers will pay for goods and services C) the maximum quantity of goods and services that a company can produce D) the minimum price buyers will pay for goods and services E) the minimum quantity of goods and services that a company can produce
Use the accompanying figure to answer the following question
-The intersection of the two lines (the middle of the "X") on the graph represents _____________.


A) market equilibrium
B) the maximum price buyers will pay for goods and services
C) the maximum quantity of goods and services that a company can produce
D) the minimum price buyers will pay for goods and services
E) the minimum quantity of goods and services that a company can produce

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