Created: 1 year ago | Updated: 8 months ago | Created By:
Maliha Mou
Maliha Mou
Price determined by demand and supply
Topic: India
Equilibrium price is a state in economy where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and that the market is in a stale of equilibrium. In short, it is the market price at which the supply of an item equals the quantity demanded.

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