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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)
  1. 26 December, 05:30
    0
    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.
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