market equilibrium
Appearance
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.