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Equilibrium price
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Revision as of 17:27, June 21, 2007
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17:27, June 21, 2007
supply and demand
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The equilibrium price is the market price for a [[commodity]] as determined by the intersection of its supply and demand curves.
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The equilibrium price is the market price for a [[commodity]] as determined by the intersection of its
[[
supply and demand
]]
curves.
Equilibrium price is also known as normal price.
Equilibrium price is also known as normal price.
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