Equilibrium Price

Business, Legal & Accounting Glossary

Definition: Equilibrium Price


Quick Summary of Equilibrium Price


Equilibrium price is the point on a supply and demand schedule where the supply curve and the demand curve intersect. In other words, it’s the price where supply and demand are equal for a particular good or service.




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https://payrollheaven.com/define/equilibrium-price/
Modern Language Association (MLA):
Equilibrium Price. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 26, 2021 https://payrollheaven.com/define/equilibrium-price/.
Chicago Manual of Style (CMS):
Equilibrium Price. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/equilibrium-price/ (accessed: September 26, 2021).
American Psychological Association (APA):
Equilibrium Price. PayrollHeaven.com. Retrieved September 26, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/equilibrium-price/

Definition Sources


Definitions for Equilibrium Price are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 5th August, 2021 | 0 Views.