+Equilibrium Price is the market price where the quantity of a good or service desired by consumers, its [Demand](/wiki/demand), precisely matches the quantity supplied by producers, its [Supply](/wiki/supply). At this point, the market clears, with no surplus or shortage, representing an optimal balance.
+## See also
+- [Market](/wiki/market)
+- [Price](/wiki/price)
+- [Economics](/wiki/economics)
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