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Equilibrium price
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Revision as of 18:23, July 26, 2007
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18:23, July 26, 2007
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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.
[[category:economics]]
[[category:economics]]
Jazzman831
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