Question

equilibrium is defined when

demand is higher than supply.

supply is limited and demand decreases.

supply and demand meet.

supply is higher than demand.

Explanation:

In economics, equilibrium occurs when the quantity of a good or service that producers are willing to supply matches the quantity that consumers are willing to demand. This is the point where the supply and demand curves intersect. When demand is higher than supply, there is a shortage; when supply is higher than demand, there is a surplus. The option "supply is limited and demand decreases" does not define equilibrium.

Answer:

supply and demand meet.