Why is equilibrium efficient?

Related questions

1. What is equilibrium price and quantity?
2. When quantity supplied and quantity demanded are not the same in a market?
3. What increases equilibrium price?
4. What happens if the price is above the equilibrium price?
5. What happens at equilibrium price?
6. How is the equilibrium price determined?
7. Why is more demanded at lower price?
8. How is price to earnings ratio calculated?
9. What is equilibrium process?
10. How is market price determined?

Tags

1. #intersection
2. #equilibrium
3. #welfare
4. #found
5. #occurs
6. #efficiency
7. #other
8. #below
9. #societal
10. #result
11. #price
12. #supply
13. #overall
14. #achieve
15. #determined
16. #demand
17. #quantity
18. #video
19. #efficient
20. #combination
21. #explains
22. #market
23. #reduce