equilibrium price


noun
  1. the price at which the quantity of a product offered is equal to the quantity of the product in demand.

Words Nearby equilibrium price

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use equilibrium price in a sentence

  • They have no idea what should the appropriate or optimal equilibrium price level be.

    After the Rain | Sam Vaknin