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Stage 1
Answer 6 questions correctly in a row.
Incomplete answer
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Look at the graph. Then answer the question below.
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$2
$4
$6
$8
$10
$12
$14
$16
$18
Quantity
Price
Supply and demand for sandwiches in Silvergrove
Demandcurve
Supplycurve
The graph shows supply and demand curves for sandwiches in Silvergrove. The point where the supply curve and the demand curve meet is called the equilibrium
point.
The price at that point is called the equilibrium
price.
In the graph above, what is the equilibrium price for sandwiches?