Definitions from the Web
Market Equilibrium
Definition: Market equilibrium refers to the point where the supply and demand for a specific product or service are balanced, resulting in stable prices.
Sense 1:
Noun - Economic
Market equilibrium is achieved when the quantity demanded by consumers matches the quantity supplied by producers, leading to an ideal state of balance in the market.
Example sentence: In a perfectly competitive market, prices adjust naturally to reach market equilibrium.
Sense 2:
Noun - Financial
Market equilibrium in finance refers to a situation where the demand for and supply of financial securities are in perfect balance, resulting in stable prices.
Example sentence: The stock market reached a state of equilibrium after a period of high volatility.
Sense 3:
Noun - Agricultural
In the context of agriculture, market equilibrium is the point at which the quantity of a particular crop or livestock demanded is equal to the quantity supplied in the market, ensuring stability in prices.
Example sentence: The government implemented measures to maintain market equilibrium in the dairy industry.
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