Why is equilibrium price important?

Related questions

1. What are the two types of equilibrium in the ear?
2. What is an equilibrium system?
3. How is market price determined?
4. When a price floor is above the equilibrium price?
5. Why is more demanded at lower price?
6. How do you find the market price?
7. What happens to the equilibrium price when supply goes down?
8. What increases equilibrium price?
9. What happens if the price is above the equilibrium price?
10. How would an increase in demand affect the equilibrium price in a market?

Tags

1. #because
2. #supply
3. #relate
4. #surplus
5. #available
6. #current
7. #price
8. #market
9. #prices
10. #equilibrium
11. #below
12. #exceeds
13. #manufacturer
14. #supplier
15. #product
16. #constant
17. #understand
18. #demand
19. #important
20. #likely
21. #reseller