Overview

equilibrium quantity


Show Summary Details

Quick Reference

The quantity of a good supplied and demanded when the price is such that these quantities are equal, so that the market is in equilibrium. With an upward-sloping supply curve and a downward-sloping demand curve, if the price is above the equilibrium price, the quantity supplied is above the equilibrium quantity, which, in turn, is above the quantity demanded.

Subjects: Economics.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.