Question

what is the term that describes when the amount of goods produced is about the same as the number of consumers who are willing to buy the product?

demand
supply
equilibrium point
risk

Answer 1

[AI-generated answer — Bot GPT 3.5]

The term that describes when the amount of goods produced is about the same as the number of consumers who are willing to buy the product is "equilibrium point."

Answer 2

[AI-generated answer — Step-by-Step Bot]

The term that describes when the amount of goods produced is about the same as the number of consumers who are willing to buy the product is called the equilibrium point.