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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
10 months ago
Equilibrium price? More like 'equlibrium' price, am I right? Gotta love those typos on certification exams.
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Dyan
9 months ago
B) Opprobrium price
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Gussie
9 months ago
Haha, 'equlibrium' price, that's a good one!
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Mila
9 months ago
A) Equilibrium price
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Telma
10 months 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
10 months 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
9 months ago
A) Equilibrium price
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Mozell
9 months ago
A) Equilibrium price
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Lawrence
9 months ago
B) Opprobrium price
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Elliot
10 months ago
B) Opprobrium price
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Rosendo
10 months ago
Closing price is not the correct term for this scenario.
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Kris
10 months ago
Exactly, the equilibrium price is where supply and demand meet.
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Sherita
10 months ago
A) Equilibrium price
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Corrie
10 months ago
A) Equilibrium price
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Jina
11 months ago
Opprobrium price? Really? I think they meant to say 'oppressive' price. Someone's been reading too many thesauruses.
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Ezekiel
10 months 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
10 months ago
A) Equilibrium price
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Matthew
11 months ago
Ah, the age-old question of supply and demand! Equilibrium price, of course. Simple economics, my friend.
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Delfina
10 months ago
Simple economics, my friend.
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Nan
10 months 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
10 months ago
A) Equilibrium price
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Dortha
11 months ago
A) Equilibrium price
upvoted 0 times
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Margot
11 months ago
Equilibrium price
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