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.

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Social Studies

26 December, 05:08

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.

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Answers (1)

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Paisley Rios · 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.