The price that results when quantity demanded equals quantity supplied is more correctly called the equilibrium price.
The situation where supply and demand in the market are equal, indicates a situation of equilibrium between prices, that is, it is a situation determined by micro and macroeconomic factors, such as economic policy and the purchasing power of consumers, which establish a ideal condition of the economy.
Therefore, the equilibrium price is an indicator of security, making the market for goods and services balanced and controlled, where revenues are equal to costs, without an imbalance capable of generating price increases and economic scarcity, for example.
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