1

A point where the quantity of goods being supplied is exactly the same as the quantity of goods being demanded is known as _______

Correct Answer: Equilibrium

Make the most of this question

This page focuses on one Principles of Economics and Management question from Engineering. After checking the answer, return to the topic list to practice more or run a timed set.

Principles of Economics and Management MCQ: A point where the quantity of goods being supplied is exactly the same as the quantity of goods being demanded is known as _______ | Extra Education