Question

2020033800027601 :

Following are the three time periods referred to with reference to the determination of market price except:

 market period

 short run

 medium run

 long run​

Answer 1

Answer:

not sure but answer is market period.

Explanation:

short run and long run are two period which are definitely there to determine market price,, there is confusion between medium run and market period.

90% it is market period.

hope it helps.

Answer 2

The correct option is medium run.

Explanation:

1  A market period is a relatively brief period in which supply is fixed and demand determines pricing. A few days or weeks during which the supply of a product can be raised from a given stock to meet demand. This is feasible for long-lasting things.

2  Price Determination in a Short run: It refers to a time when firms do not adjust their manufacturing size.

3  Long run: A period during which the supply of a product can be raised or lowered in response to changing levels of demand. The price of a commodity is determined by supply throughout time. The price over a lengthy period is referred to as the typical price.