At which of the following points is the quantity demanded and quantity supplied equal? Options: A . &nbspShutdown point B . &nbspBreak-even point C . &nbspEquilibrium point D . &nbspProfit-maximization point

At which of the following points is the quantity demanded and quantity supplied

Question

At which of the following points is the quantity demanded and quantity supplied equal?

Options:

A . Shutdown point

B . Break-even point

C . Equilibrium point

D . Profit-maximization point

Answer: Option C
:
C
At equilibrium, quantity demanded is equal to the quantity supplied.

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