A market-clearing curve for a good:
A) shows the quantities supplied and demanded for a particular product.
B) shows the combinations of prices, both for that good and for other related goods, that bring supply and demand for the good into balance.
C) shows the quantities supplied and demanded for all goods.
D) shows equilibrium in a particular market.

Question

Quizplus · Accepted Answer

The market-clearing curve shows the combinations of prices that bring supply and demand for the good into balance.

A Market-Clearing Curve for a Good