Define the term balanced market. What is meant by equilibrium price?

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Kianna Stark

25 April, 02:23

Define the term balanced market. What is meant by equilibrium price?

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Trigger · Answer 1

The equilibrium price is where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and that the market is in a state of equilibrium.

Izayah Heath · Answer 2

The equilibrium price is where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and that the market is in a state of equilibrium.