What is unique about equilibrium price?

Related questions

1. What happens if the price is above the equilibrium price?
2. What is equilibrium quantity and equilibrium price?
3. What do you mean by equilibrium price?
4. Why market equilibrium is efficient?
5. What happens to equilibrium price and quantity when price increases?
6. What happens to the equilibrium price when supply goes down?
7. How do you know when equilibrium is reached?
8. Why do changes in demand or supply cause disequilibrium?
9. How would an increase in demand affect the equilibrium price in a market?
10. What happens at equilibrium price?

Tags

1. #corresponds
2. #supply
3. #demanded
4. #supplied
5. #equilibrium
6. #quantity
7. #intersection
8. #which
9. #equal
10. #demand
11. #curves
12. #because
13. #unique
14. #price