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-The Intersection of the Two Lines on the Graph Represents_________

Question 19

Multiple Choice

  -The intersection of the two lines on the graph represents_________ . A) the convergence point,which is the point at which the supply and demand curves converge B) the equilibrium point,which is the price at which consumers are willing to pay given the quantity that producers are willing to make C) the convergence point,which is the quantity that consumers will buy when the product costs a certain amount D) the equilibrium point,which is the quantity of product a manufacturer is willing to produce in a declining economy
-The intersection of the two lines on the graph represents_________ .


A) the convergence point,which is the point at which the supply and demand curves converge
B) the equilibrium point,which is the price at which consumers are willing to pay given the quantity that producers are willing to make
C) the convergence point,which is the quantity that consumers will buy when the product costs a certain amount
D) the equilibrium point,which is the quantity of product a manufacturer is willing to produce in a declining economy

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