market equilibrium

US /ˈmɑːrkɪt ˌiːkwɪˈlɪbriəm/
UK /ˈmɑːrkɪt ˌiːkwɪˈlɪbriəm/
"market equilibrium" picture
1.

市场均衡

a state where the supply of a good or service is equal to its demand, resulting in a stable price

:
At market equilibrium, there is no shortage or surplus of goods.
市场均衡时,商品没有短缺或过剩。
Economists study how supply and demand interact to reach market equilibrium.
经济学家研究供需如何相互作用以达到市场均衡