Get the most out of your questions with IDNLearn.com's extensive resources. Join our interactive Q&A community and access a wealth of reliable answers to your most pressing questions.
What is market price?
A. The Quantity of a good or service the consumers are willing to buy.
B. The price consumers are willing to pay
C. The point where supply and demand intersect.
D. The quantity of a good or service at businesses are willing and able to provide
The market price is the current price at which an asset or service can be bought or sold. The market price of an asset or service is determined by the forces of supply and demand. The price at which quantity supplied equals quantity demanded is the market price.
Your presence in our community is highly appreciated. Keep sharing your insights and solutions. Together, we can build a rich and valuable knowledge resource for everyone. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.