Answer
$Equilibrium$ $Point$
Work Step by Step
By definition, it is the point where we have a value of price and a number of units that satisfy both of the demand and supply equations.
Algebra and Trigonometry 10th Edition
by Larson, Ron
Published by
Cengage Learning
ISBN 10:
9781337271172
ISBN 13:
978-1-33727-117-2
Chapter 9 - 9.2 - Two-Variable Linear Systems - 9.2 Exercises - Page 646: 4
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