Question

Market price is ………………… equilibrium price :
(a) More than
(b) Less than
(c) Equal to
(d) Either less or more than

Answer 1

Answer:

(b) Less than

Hope tis answer is helpful , sorry if its wrong .But according to me its correct

Answer 2

The market price is equal to the equilibrium price.

What are the characteristics of market price?

• It is the price at which we bought and sold assets
• This price is related to the demand and supply of goods in the market
• The cost in which the quantity of supply of goods is equal to the quantity of goods demand is known as the market price
• It is the current price at which any product is bought and sold