When the price of a product is set at a level where demand and supply are the same, price ___ has been achieved.

When the price of a product is set at a level where demand and supply are the same, price ___ has been achieved.

When the price of a product is set at a level where demand and supply are the same, price ___ has been achieved.


a. equilibrium
b. stability
c. leverage
d. symmetry
e. status quo


ANSWER: a