A state of equality between the level of available supply of a product or service, and the amount of demand for that product or service. States of market equilibrium result in periods where prices do not change, but generally do not last very long given the changeable nature of market factors.
Related information about market equilibrium:
- Economic equilibrium - Wikipedia, the free encyclopedia
Market equilibrium in this case refers to a condition where a market price is established through competition such that the amount of goods or services sought by ...
- MARKET EQUILIBRIUM
Back · Up. When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.
- What is market equilibrium? definition and meaning
Definition of market equilibrium: A situation in which the supply of an item is exactly equal to its demand. Since there is neither surplus nor shortage in the market ...
- Market Equilibrium | Microeconomics | Khan Academy
Equilibrium price and quantity for supply and demand.
- Market Equilibrium - Prentice Hall
The operation of the market depends on the interaction between suppliers and demanders. Market equilibrium exists when quantity supplied is equal to quantity ...
- EconPort - Market Equilibrium
Broadly speaking, Equilibrium is a state of rest or balance due to the equal action of opposing forces. In terms of Economics, Equilibrium Price is the price toward ...
- SparkNotes: Equilibrium: Two Approaches to Market Equilibrium
A summary of Two Approaches to Market Equilibrium in 's Equilibrium. Learn exactly what happened in this chapter, scene, or section of Equilibrium and what it ...
- Market equilibrium - Economics Online Home
Economic theory suggests that, in a free market, a single price will exist which brings demand and supply into equilibrium, called equilibrium price.