In the computer market, $500 is the price at which quantity supplied equals quantity demanded. So $500 is the _____.
surplus price
equilibrium price
interest rate

Respuesta :

Equilibrium price.

In the computer market, $500 is the price at which quantity supplied equals quantity demanded. So $500 is the equilibrium price.

Equilibrium is a condition of a system wherein all competing factors are balance. In this case quantity supplied is equal to quantity demanded.

Answer:

surplus price

Explanation: