If we say that a price is too high to clear the market, we mean that Multiple Choice
1. quantity demanded exceeds quantity supplied.
2. the equilibrium price is above the current price.
3. quantity supplied exceeds quantity demanded.
4. the price of the good is likely to rise.
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Home » Business » If we say that a price is too high to clear the market, we mean that Multiple Choice 1. quantity demanded exceeds quantity supplied. 2. the equilibrium price is above the current price. 3. quantity supplied exceeds quantity demanded. 4.