equilibrium price - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “equilibrium price”

equilibrium price

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.
(Definition of equilibrium price from the Cambridge Business English Dictionary © Cambridge University Press)
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