Question

How do supply and demand influence market price?

A) Supply determines market price because the seller sets the price.
B) The price is determined by the highest price consumers are willing to pay.
C) The price is determined by the lowest price producers are willing to accept.
D) The market clearing price is where quantity demanded is equal to quantity supplied.

Answer 1

d

Step-by-step explanation:

i just did this on USA TP

Answer 2

The answer would be D) The market clearing price is where quantity demanded is equal to quantity supplied.

Step-by-step explanation: