Psychology Dictionary of ArgumentsHome![]() | |||
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Equilibrium Price - Psychology Dictionary of Arguments | |||
Equilibrium price: Equilibrium price in economics is the price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers. It represents a market balance, where there is neither a surplus nor a shortage. This price is determined by the interaction of supply and demand forces in a competitive market. See also Equilibrium, Equilibrium theory, Exchange, Price._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Modigliani, Franco | Equilibrium Price | Modigliani, Franco | |
Rothbard, Murray N. | Equilibrium Price | Rothbard, Murray N. | |
Samuelson, Paul A. | Equilibrium Price | Samuelson, Paul A. | |
Swan, Trevor W. | Equilibrium Price | Swan, Trevor Winchester | |
Ed. Martin Schulz, access date 2025-04-30 |