Le prix d'équilibre
Example: Le prix d'équilibre détermine la quantité optimale échangée sur le marché.
Definition
"Le prix d'équilibre" refers to the market price at which the quantity of goods supplied equals the quantity demanded, resulting in an optimal exchange volume where there is neither surplus nor shortage.
Etymology
The term "le prix d'équilibre" comes from French, where "prix" means price and "équilibre" means balance or equilibrium. It reflects the economic concept of balance between supply and demand, dating back to classical economic theories developed in the 19th century.
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"Le prix d'équilibre" appears in the Vocaplus list "French - General - (C2) - set 2", containing 91 commonly used words.
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