What is the market clearing price of a good or service?
A.
The price at which most of t...
Social Studies, 23.05.2020 18:57 hall1267
What is the market clearing price of a good or service?
A.
The price at which most of the product or service is consumed, creating a surplus.
B.
The price at which economies of scale result in greater profits for the producer.
C.
The price at which all of the product or service brought to market is consumed.
D.
The price at which production falls short of demand, creating a shortage.
Answers: 2
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