Question

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Market Price always tend to be equal to the normal Price. Explain​

Answer 1

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Answer 2

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• Market price is that price which prevails in a market on a single day or on very few days. It is a very short-period price which prevails at a particular time.

• Normal Price is that price which tends to prevail in the long-run. It is a price which has a tendency to prevail over a period of time.