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When the plans of buyers and sellers are fully coordinated

Sublight2097

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8 years ago

When the plans of buyers and sellers are fully coordinated

When the plans of buyers and sellers are fully coordinated
A) the market clears.
B) there is neither a shortage nor surplus of a good.
C) quantity demanded equals quantity supplied.
D) all of the above are true.

Textbook

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

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Dropx

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Solved In a market, at the equilibrium price,
Solved "Market clearing" refers to the case where
Solved If there is a shortage of gasoline, then
Solved According to your text, the plans of all buyers and sellers would always be perfectly coordinated un
Solved If buyers compete against sellers, then
Solved If sellers compete against buyers, then
Solved In the market for insurance,
Solved When secondary market buyers and sellers of securities meet in one central location to conduct trade

Sublight2097 Author

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#2

8 years ago

My mind was going in all different directions trying to figure this one out. Thanks so much.

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Dropx

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#3

8 years ago

Thanks for updating the community. A lot posters don't realize how important feedback is!

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