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QUESTION IMAGE

the assumption of continuous market clearing means that: sellers can se…

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.

Explanation:

Brief Explanations

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.

Answer:

D. at any given instant, buyers can buy all that they want and sellers can sell all that they want at the going price.