What is meant by an equilibrium price?

Related questions

1. What happens if the market price is below the equilibrium price?
2. What happens to prices when equilibrium is disturbed?
3. What typically happens when a market is thrown into disequilibrium?
4. How do you know when equilibrium is reached?
5. What is unique about equilibrium price?
6. When a price floor is above the equilibrium price?
7. What increases equilibrium price?
8. What is an equilibrium system?
9. What happens when the price of a good increases?
10. How would an increase in demand affect the equilibrium price in a market?

Tags

1. #product
2. #service
3. #supply
4. #where
5. #definition
6. #price
7. #demand
8. #equilibrium
9. #equal