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

Haylie Donaldson

11 August, 20:30

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.

+5

Answers (1)

Know the Answer?

Jordyn Irwin · 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.