equilibrium price

Questions

What does equilibrium price mean?

The price of a commodity at which the quantity that buyers wish to buy equals the quantity that sellers wish to sell.

How to pronounce equilibrium price

1. Open the pronunciation page — Open the Speakur entry for “equilibrium price”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “equilibrium price”.
4. Repeat and practice — Say “equilibrium price” aloud, matching stress and vowels until it feels natural.