QUESTION IMAGE
Question
the assumption of continuous market clearing means that: sellers can sell all that they want at the going price. buyers can buy all that they want at the going price. in any given month, buyers can buy all that they want and sellers can sell all that they want at the going price. at any given instant, buyers can buy all that they want and sellers can sell all that they want at the going price.
Continuous market - clearing implies that at every instant, the quantity demanded equals the quantity supplied at the prevailing price, allowing buyers to buy and sellers to sell all they want at that price.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
D. at any given instant, buyers can buy all that they want and sellers can sell all that they want at the going price.