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CIPS Exam L3M3 Topic 1 Question 11 Discussion

Actual exam question for CIPS's L3M3 exam
Question #: 11
Topic #: 1
[All L3M3 Questions]

The price at which suppliers wish to sell and buyers wish to buy; and the market clears, is called the

Show Suggested Answer Hide Answer
Suggested Answer: B

Equilibrium price.

The closing price is the price at the end of the day when the market closes.

The other 'prices' shown are nonsense.


by Layla at May 18, 2024, 03:10 PM

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Dortha
1 years ago
Equilibrium price? More like 'equlibrium' price, am I right? Gotta love those typos on certification exams.
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Dyan
11 months ago
B) Opprobrium price
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Gussie
11 months ago
Haha, 'equlibrium' price, that's a good one!
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Mila
11 months ago
A) Equilibrium price
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Telma
1 years ago
Polyvalent price? What is this, a chemistry exam? I'll stick with the good ol' equilibrium price, thank you very much.
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Desmond
1 years ago
Closing price? Nah, that's just for stock exchanges. This is a basic economics question, not a Wall Street quiz.
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Rebeca
11 months ago
A) Equilibrium price
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Mozell
11 months ago
A) Equilibrium price
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Lawrence
11 months ago
B) Opprobrium price
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Elliot
12 months ago
B) Opprobrium price
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Rosendo
12 months ago
Closing price is not the correct term for this scenario.
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Kris
12 months ago
Exactly, the equilibrium price is where supply and demand meet.
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Sherita
1 years ago
A) Equilibrium price
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Corrie
1 years ago
A) Equilibrium price
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Jina
1 years ago
Opprobrium price? Really? I think they meant to say 'oppressive' price. Someone's been reading too many thesauruses.
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Ezekiel
1 years ago
Opprobrium price? Really? I think they meant to say 'oppressive' price. Someone's been reading too many thesauruses.
upvoted 0 times
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Ma
1 years ago
A) Equilibrium price
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Matthew
1 years ago
Ah, the age-old question of supply and demand! Equilibrium price, of course. Simple economics, my friend.
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Delfina
1 years ago
Simple economics, my friend.
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Nan
1 years ago
Ah, the age-old question of supply and demand! Equilibrium price, of course. Simple economics, my friend.
upvoted 0 times
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Keena
1 years ago
A) Equilibrium price
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Dortha
1 years ago
A) Equilibrium price
upvoted 0 times
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Margot
1 years ago
Equilibrium price
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