POMS: Market Clearing Price

Duration: 12:00

Year Published: 1977

Creator: Foundation For Research In Economics And Education

Complete Record: Part 5 of a series designed to introduce basic economic principles and presented in such a way that students can easily understand. This part explains how the price of a product equates the amount demanded with the amount suppied of that product. Examines the role of inventories in helping to provide reliable supply at more predictable prices.

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