- The market price at which the quantity supplied of a commodity equals the quantity demanded. Chicago Board of Trade glossary————The price at which the supply of goods matches demand. Bloomberg Financial Dictionary
* * *equilibrium price UK US noun [C] ECONOMICS► 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.
Financial and business terms. 2012.
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equilibrium price — noun : the price at which supply and demand are equal * * * the price at which the quantity of a product offered is equal to the quantity of the product in demand. * * * equilibrium price, Economics. the price at which supply equals demand … Useful english dictionary
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