At the equilibrium price, there is no pressure on price to rise or fall.

Name: At the equilibrium price, there is no pressure on price to rise or fall.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

At the equilibrium price, demand and supply are in balance and there is no excess demand or supply which would cause pressure on prices to rise or fall. Therefore, the equilibrium price is stable and there is no pressure for it to change.

At the Equilibrium Price, There Is No Pressure on Price