market equilibrium
English edit
Noun edit
market equilibrium (plural market equilibriums)
- (economics) A condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers.
Translations edit
Translations
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Further reading edit
- “market equilibrium”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.