equilibrium price

Definition

The market price at which the supply of an item equals the quantity demanded.

Use equilibrium price in a sentence

The equilibrium price was close to the current price so we felt the market was nearing saturation, as we had discussed during the meeting.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

I told them that the only way that i would sell the that many is if they payed the equilibrium price, as we are taking too much of a loss with anything less.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

My boss believed that we would continue to be able to sell more and more steel at an increasing price, but I believed we had hit an equilibrium price and this was as high as we could go.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
equilibrium quantity disequilibrium price