The Usual Clearing Time Is

question 5

Multiple Choice

The usual clearing time is

• A)1 to 5 sec.
• B)15 to 20 sec.
• C)30 to 60 sec.
• D)2 min.

---

Definitions:

Ice Cream Cone

A sweet, edible cone filled with ice cream, served as a dessert or snack.

Demand Curve

A graphical representation illustrating the relationship between product price and the quantity of the product demanded.

Indifference Curves

Graphical representations of different bundles of goods between which a consumer is indifferent, showing the same level of satisfaction or utility from each bundle.

Budget Constraint

The limits imposed on household or individual choices by income, wealth, and product prices.