What is the term for the point at which there is no inclination for the price to rise or fall?
A)price equilibrium
B)price stability
C)price symmetry
D)price status quo

Question

Quizplus · Accepted Answer

Price equilibrium refers to the point where the demand and supply of a product or service are balanced, resulting in a stable price. At this point, there is no inclination for the price to rise or fall, and the market is said to be in a state of equilibrium. Price stability, symmetry, and status quo do not accurately describe this concept.

What Is the Term for the Point at Which There