Difference between revisions of "Equilibrium quantity"
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| − | + | '''Equilibrium quantity''' is the quantity of a product being both supplied and demanded in market equilibrium. It corresponds to the quantity at which the [[supply]] and [[demand]] curves meet and coincides with the [[market clearing price]]. | |
[[Category:Economics]] | [[Category:Economics]] | ||
Latest revision as of 17:15, December 25, 2009
Equilibrium quantity is the quantity of a product being both supplied and demanded in market equilibrium. It corresponds to the quantity at which the supply and demand curves meet and coincides with the market clearing price.