Der Gleichgewichtspreis
Example: Der Gleichgewichtspreis entsteht, wenn Angebot und Nachfrage sich ausgleichen.
Definition
"Der Gleichgewichtspreis" refers to the price at which supply and demand in a market are balanced, resulting in neither surplus nor shortage. It is the point where the quantity of goods supplied equals the quantity demanded, stabilizing the market price.
Etymology
The word "der Gleichgewichtspreis" combines three German words: "Gleichgewicht" meaning 'equilibrium' or 'balance,' and "Preis" meaning 'price.' It literally translates to 'equilibrium price,' reflecting its economic meaning of a balanced market price where supply meets demand.
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"Der Gleichgewichtspreis" appears in the Vocaplus list "German - General - (C2) - set 2", containing 91 commonly used words.
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equilibrium price