What is equilibrium quantity and equilibrium price?

Related questions

1. What do you mean by equilibrium price?
2. Why is the equilibrium price the best deal available for both buyers and sellers?
3. What is an equilibrium system?
4. What happens at equilibrium price?
5. Why is equilibrium price important?
6. What affects equilibrium quantity?
7. What does equilibrium price mean?
8. What typically happens when a market is thrown into disequilibrium?
9. How do you calculate market equilibrium price and quantity?
10. What happens when the price of a good increases?

Tags

1. #supplied
2. #intersect
3. #equal
4. #clearing
5. #where
6. #market
7. #price
8. #corresponding
9. #curves
10. #equilibrium
11. #supply
12. #demanded
13. #quantity
14. #demand