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Market?clearing prices

A. are equilibrium prices.
B. eliminate frustrated sellers.
C. have no tendency to change.
D. equalize quantity demanded and quantity supplied.
E. do all of the above.

1 Answer

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Final answer:

The market clearing price, or equilibrium price, is the price at which quantity demanded and quantity supplied are equal.

Step-by-step explanation:

The market clearing price, also known as the equilibrium price, is the price at which the quantity demanded is equal to the quantity supplied. It represents the point of balance in the market where there is no surplus or shortage. Market-clearing prices are equilibrium prices that equalize quantity demanded and quantity supplied.

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