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What is equilibrium point?

Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Equilibrium point is the point of <a href="https://interviewquestions.tuteehub.com/tag/intersection-1049849" style="font-weight:bold;" target="_blank" title="Click to know more about INTERSECTION">INTERSECTION</a> of the demand curve and <a href="https://interviewquestions.tuteehub.com/tag/supply-1235254" style="font-weight:bold;" target="_blank" title="Click to know more about SUPPLY">SUPPLY</a> curve of a commodity.</body></html>


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