Equilibrium price

 

 

 

Equilibrium price

 

Glossary of business

 

Definition of equilibrium price

 

The equilibrium price is the price at which supply equals demand in a market. An equilibrium means that there is no tendency for change and an equilibrium price will remain stable until one of the other determinants of demand or supply changes, causing a change in price in the market.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of equilibrium price

 

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Meaning of equilibrium price

 

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What does equilibrium price mean ?

 

 

 

 

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