ECONOMICS (CBSE/UGC NET)

ECONOMICS

DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The point at which supply and demand are equal for a product is known as
A
the demand curve
B
the supply curve
C
the market price
D
supply and demand are never equal
Explanation: 

Detailed explanation-1: -A market-clearing price is the price of a good or service at which quantity supplied is equal to quantity demanded, also called the equilibrium price.

There is 1 question to complete.