- equilibrium price
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the price at which the quantity of a product offered is equal to the quantity of the product in demand.
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Universalium. 2010.
equilibrium price
Look at other dictionaries:
equilibrium price — The market price at which the quantity supplied of a commodity equals the quantity demanded. Chicago Board of Trade glossary The price at which the supply of goods matches demand. Bloomberg Financial Dictionary * * * equilibrium price UK US noun… … Financial and business terms
equilibrium price — noun : the price at which supply and demand are equal * * * the price at which the quantity of a product offered is equal to the quantity of the product in demand. * * * equilibrium price, Economics. the price at which supply equals demand … Useful english dictionary
equilibrium price — noun The price of a commodity at which the quantity that buyers wish to buy equals the quantity that sellers wish to sell … Wiktionary
Equilibrium — is the condition of a system in which competing influences are balanced and it may refer to:cienceBiology* Equilibrioception, the sense of balance present in humans and animals * Homeostasis, the ability of an open system, especially living… … Wikipedia
Price mechanism — is an economic term that refers to the buyers and sellers who negotiate prices of goods or services depending on demand and supply.[1] A price mechanism or market based mechanism refers to a wide variety of ways to match up buyers and sellers… … Wikipedia
equilibrium quantity — UK US noun [C] ECONOMICS ► the quantity of goods or services that is supplied or demanded at the equilibrium price: »When competition exists the equilibrium quantity will be higher … Financial and business terms
Price floor — A price floor is a government or group imposed limit on how low a price can be charged for a product. [cite web url=http://dictionary.reference.com/browse/Price%20floor title=Price floor Definitions from Dictionary.com… … Wikipedia
price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… … Financial and business terms
Price support — In economics, a price support may be either a subsidy or a price control, both with the intended effect of keeping the market price of a good higher than the competitive equilibrium level.In the case of a price control, a price support is the… … Wikipedia
Price ceiling — A price ceiling is a government imposed limit on how high a price can be charged on a product. For a price ceiling to be effective, it must differ from the free market price. In the graph at right, the supply and demand curves intersect to… … Wikipedia
