At the point where the demand and supply curves for a product intersect:

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At the point of intersection, the quantity that consumers are willing to purchase (demand) is equal to the quantity that producers are willing to sell (supply). This is known as the equilibrium quantity. This does not necessarily mean that the "selling price" and the "buying price" are equal, as there may be various factors that affect the actual price, such as taxes or subsidies. However, at the point of intersection, there is no surplus or shortage of the product, as the quantity demanded is equal to the quantity supplied.

At the Point Where the Demand and Supply Curves for a Product