The "market clearing price" is most closely associated with

A) the price index.

B) the price level.

C) the price ceiling.

D) the equilibrium price.

Question

Social Studies

Lobster

1 October, 15:19

The "market clearing price" is most closely associated with

A) the price index.

B) the price level.

C) the price ceiling.

D) the equilibrium price.

+2

Answers (1)

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Lucian Rivera · Answer 1

Equilibrium Price

Explanation:

The "market clearing price" is most closely associated with market equilibrium, because it exists when a market is clear of shortage and surplus, or is in equilibrium, when the demand curve and supply curve intersect.

The "market clearing price" is most closely associated withA) the price index.B) the price level.C) the price ceiling.D) the equilibrium price.

The "market clearing price" is most closely associated with

A) the price index.

B) the price level.

C) the price ceiling.

D) the equilibrium price.