equilibrium price
noun [ C ]
ECONOMICS ukusthe price at which the supply of goods and services is similar to the demand for them:
As more of a commodity is supplied, its price will fall until it reaches its equilibrium price.
| 单词 | equilibrium price |
| 释义 | equilibrium price noun [ C ] ECONOMICS ukusthe price at which the supply of goods and services is similar to the demand for them: As more of a commodity is supplied, its price will fall until it reaches its equilibrium price. |
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