The graph shows a point of equilibrium.

A graph has Quantity supplied on the x-axis and price in dollars on the y-axis. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect at point (30, 9). Line P is drawn from the point of equilibrium to the y-axis, and line Q is drawn from the point of equilibrium to the x-axis.

What does "P" represent on the graph?

the point where equilibrium is achieved
the price at the equilibrium point
the average price of goods sold
the point where supply and demand drop

Which of the following episodes led to widespread charges that president reagan was not in adequate control? a. the u. s. retreat from lebanon after the bombing deaths of 241 u. s. marines as they lay sleeping in their barracks near beirut b. the trading of arms for hostages and the illegal funding of a right-wing insurgency in the iran-contra affair c. the sale of millions of acres of public lands to private corporations by the department of interior d. the proposal to congress, year after year, of federal budgets with huge deficits that ultimately ended up tripling the national debt