Who would set the equilibrium point for the price of a new type of sneaker? AThe manufacturer incorrect answer

BThe consumer incorrect answer

CEither A or B -— it depends on the cost to produce the sneaker incorrect answer

DNeither A nor B -- the equilibrium point is set by market forces incorrect answer

D ) neither A or B  --- the equilibrium point is set by market forces

Explanation:

The equilibrium point for the price of goods such sneakers is neither set by the manufacturer nor the consumer. the equilibrium point/price is determined by various market forces like demand and supply of the goods in the open market. this because

Equilibrium point is the point/ price is a point whereby the supply and demand of goods and services are said to be evenly matched i.e supply equals demand at that point.

if you have to make a general question and respond to your thoughts, then this isn't really a question someone can you on. read the passage, form your question, and answer using your thoughts. no one else can understand how you interpreted this text if you don't tell us.