_____ is the price at which the number of products that businesses are willing to supply equals the number of products consumers are willing to purchase at a point in time.
A)Bundled price
B)Equilibrium price
C)Discount price
D)Competitive price
E)Maximum retail price

Question

Quizplus · Accepted Answer

Equilibrium price is the price at which the quantity of goods suppliers are willing to produce equals the quantity of goods consumers are willing to buy.

_____ Is the Price at Which the Number of Products