equilibrium price

The equilibrium price for a certain type of labor is the wage rate.

Another example would be an equilibrium price calculated by an economist.

But in competitive equilibrium prices are performing a second role.

Marx's concept of value is not intended to be an equilibrium price.

The price at which markets clear is the "equilibrium price."

The equilibrium price is at the intersection of the supply and demand curves.

This will cause changes in the equilibrium price and quantity in the market.

A price floor can be set below the free-market equilibrium price.

For example, suppose that P is the equilibrium price in a simple market, determined by supply and demand.

A price floor set above the market equilibrium price has several side-effects.

In the diagram, this raises the equilibrium price from to the higher .

Suppose the equilibrium price of meals is 1 and of films 5.

For this reason prices may appear flexible or otherwise, depending on the theory of the equilibrium price used in the test.

This would cause the entire demand curve to shift changing the equilibrium price and quantity.

This increase in supply causes the equilibrium price to decrease from to .

Theory predicts an equilibrium price of 2, and either one or two units of the good being sold.

In theory, the market is able to coordinate itself when a new equilibrium price and quantity is reached.

A price floor must be greater than the equilibrium price in order to be effective.

Equilibrium price prevails in the market for a substantial period which may be from one day to one week or several months.

Price ceilings can create shortages and reduce quality when they are less than the equilibrium price.

In the futures market, fair value is the equilibrium price for a futures contract.

This led to the observation that, for general production sets, embodied labor time cannot be defined before one knows equilibrium prices.

If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price.

These markets will quickly respond to changes in supply and demand to find an Economic equilibrium price and quantity.

The lower equilibrium price in Germany shows that it has a comparative advantage in producing this good.