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Market Clearing Price
1.
Economics, Chapter Five
Market Clearing Price (Balance in the Market)
2.
3.
4.
5.
6.
7.
8.
9.
10.
Price Quantity Demand
Supply Market Clearing or Equilibrium Price P 1 P 2
11.
Price Quantity Demand
Supply Market Clearing or Equilibrium Price P 1 Q 1 P 2 Q S Q D Shortage
12.
Price Quantity Demand
Supply Market Clearing or Equilibrium Price P 1 Q 1 P 2 Q S Q D Shortage
13.
Price Quantity Demand
Supply Market Clearing or Equilibrium Price P 1 Q 1 P 2 Q S Q D Surplus