Social Studies, 27.11.2021 14:10 dodieoddle

Will give BRAINLIEST ANSWER
Explain the determination of price of equilibrium.

Answers: 3

Show answers

Answers

Answer from: mayslays

The equilibrium price is the market price where the quantity of goods supplied is equal to the quantity of goods demanded. This is the point at which the demand and supply curves in the market intersect. To determine the equilibrium price, you have to figure out at what price the demand and supply curves intersect.

Explanation:

Answer from: ehhshsh

Explanation:

Intro to Determination of Prices

Price is the worth that buys a finite amount, weight, or another match of goods or services. In other words, it also expresses the value of the goods produced and the services rendered by factors of production such as land, labor, and capital. Thus, the determination of prices is of great significance in an economy.

Introduction to Determination of Prices

Determination of Prices means to determine the cost of goods sold and services rendered in the free market. In a free market, the forces of demand and supply determine the prices.

The Government does not interfere in the determination of the prices. However, in some cases, the Government may intervene in determining the prices. For example, the Government has fixed the minimum selling price for the wheat.

Browse more Topics under Determination Of Prices

Changes in Demand

Changes in Supply

Simultaneous changes in Demand and Supply

Features of Perfect Competition

Price Determination under Perfect Competition

Long Run Equilibrium of Competitive Firm and Industry

Monopoly Market

Monopolist’s Revenue Curve

Price Discrimination

Monopolistic Competition

Oligopoly

Kinked Demand Curve

Answer from: Quest

Ifound this on google “the change in control meant as house minority leader, pelosi was widely expected to become speaker of the house in the next congress. on november 16, 2006, the democratic caucus unanimously chose pelosi as the democratic candidate for speaker.” i hope this

Answer from: Quest

this is not a question

Another question on Social Studies

Social Studies, 22.06.2019 21:50

How does danae feel about petraeus

Answers: 2

Answer

Social Studies, 23.06.2019 04:00

What is the subcategory of tournament,pageant,match (used as a noun)

Answers: 3

Answer

Social Studies, 23.06.2019 15:00

Section 1: this section deals with the possible implications (consequences) of sexual activity or abstinence for a teenager. 1. being sexually active can impact teenagers emotionally. in a complete paragraph, discuss one emotional impact of sexual activity. remember to refer to facts youâ€™ve learned to answer the question. (10 points) 2. choices we make affect our health. in a complete paragraph, discuss a possible health consequence for sexually active teens. remember to refer to facts youâ€™ve learned to answer the question. (10 points) 3. throughout this course, we have discussed goal setting. in a complete paragraph, discuss how sexual involvement can change or potentially influence a teenâ€™s goals? (15 points) 4. in a complete paragraph, explain how your value system impacts your choices about abstinence versus sexual activity. (15 points)

Answers: 1

Answer

Social Studies, 23.06.2019 22:30

Which city state was in the best location to benefit from trade-based cultural exchange with the islamic civilization just across the mediterranean sea?

Answers: 1

Answer

You know the right answer?

Will give BRAINLIEST ANSWER
Explain the determination of price of equilibrium....

Questions