Definition of Market equilibrium:
A situation in which the supply of an item is exactly equal to its demand. Since there is neither surplus nor shortage in the market, price tends to remain stable in this situation.
How to use Market equilibrium in a sentence?
- If you can figure out the market equilibrium you might be able to find times when one stock sways to far to the other side.
- If you can accurately assess the market equilibrium you should be able to figure out when something is off and take advantage.
- Some say that the website Mechanical Turk exploits cheap labor by providing below minimum wage work, while others say that if the market equilibrium price for clerical work is that low then it is not the governments place to intervene.
Meaning of Market equilibrium & Market equilibrium Definition