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词汇 equilibrium-price
释义 equilibrium price
noun[ C ]
 ECONOMICSukus
the price at which the supply of goods and services is similar to the demand for them:
As more of a commodity is supplied, its price will fall until it reaches its equilibrium price.

Examples of equilibrium price


equilibrium price
These markets will quickly respond to changes in supply and demand to find an equilibriumprice and quantity.
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In theory, the market is able to coordinate itself when a new equilibriumprice and quantity is reached.
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By raising the price of labour, the wage rate, above the equilibriumprice, unemployment rises.
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This can give rise to multiple pure-strategy equilibria, some of which may be distant from the competitive equilibriumprice.
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When supply matches demand the price decided by the market forces of demand and supply is called equilibriumprice.
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Equilibriumprice prevails in the market for a substantial period which may be from one day to one week or several months.
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Market equilibrium occurs when the demand of a good at the equilibriumprice is equal to the supply of the good.
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The equilibriumprice is at the intersection of the supply and demand curves.
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The market will eventually become balanced as the market is transitioning to an equilibriumprice and quantity.
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Likewise, in the supply-demand diagram, producer surplus is the area below the equilibriumprice but above the supply curve.
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Wikipedia

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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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