Economics A-Level

Equilibrium Price

What Equilibrium Price means in Economics A-Level, as defined for Pearson Edexcel.

Definition of Equilibrium Price

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Reference: Pearson Edexcel

The price at which quantity demanded equals quantity supplied, meaning there is no excess demand or supply.

Pearson Edexcel · How markets work (study guide)

Topics that use Equilibrium Price

How markets work (Pearson Edexcel A-Level)

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Using Equilibrium Price in the exam

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