O preço de equilíbrio
Example: O preço de equilíbrio determina a oferta e demanda no mercado competitivo.
Definition
"O preço de equilíbrio" refers to the price at which the quantity of goods supplied equals the quantity demanded in a competitive market, ensuring that there is neither surplus nor shortage. It balances supply and demand, stabilizing the market conditions.
Etymology
The phrase "o preço de equilíbrio" comes from Portuguese, where "preço" means price and "equilíbrio" means balance or equilibrium. It reflects the concept of a balanced price point in economics, derived from Latin roots—"pretium" for price and "aequilibrium" for balance. Did you know? The idea of equilibrium in markets was first formalized by economists in the 19th century.
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"O preço de equilíbrio" appears in the Vocaplus list "", containing 91 commonly used words.
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the equilibrium price