The price that exists when a market is clear of shortage and surplus, or is in equilibrium.
Market clearing price is the price at which the quantity demanded of a product equals the quantity supplied.
A market clearing price is the price at which demand equals supply, so that the market "clears" (i.e., all of the goods supplied find a buyer).
Another word for market clearing price is "equilibrium price." This term refers to the price at which the quantity of goods supplied equals the quantity demanded, resulting in a balanced market with no surplus or shortage.
the equilibrium price
the equilibrium price
Market clearing price is the price at which the quantity demanded of a product equals the quantity supplied.
A market clearing price is the price at which demand equals supply, so that the market "clears" (i.e., all of the goods supplied find a buyer).
Another word for market clearing price is "equilibrium price." This term refers to the price at which the quantity of goods supplied equals the quantity demanded, resulting in a balanced market with no surplus or shortage.
the equilibrium price
the equilibrium price
equilibrium price
market clearing price (aplus)
market clearing price (aplus)
market clearing price (aplus)
True
True
market equilibrium / market clearing price.