Examlex
The term ____ means to bend a limb at the joint.
Market Clearing Price
The price at which supply equals demand in a market, leading to no unsold surplus or shortages.
Market Clearing Price
The price at which the quantity of goods supplied is equal to the quantity of goods demanded; also known as the equilibrium price.
Quantity Demanded
The quantity of a product or service buyers are prepared and capable of buying at a specific price.
Quantity Supplied
This term refers to the total amount of goods that sellers are ready to sell in the market at a certain price point, within a defined time frame.
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