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The point where supply and demand intersect is the equilibrium point. This is the point where quantity demanded and quantity supplied are equal. The point where supply and demand intersect is the equilibrium point. This is the point where quantity demanded and quantity supplied are equal.
The equilibrium price is found where these curves intersect. Reaching equilibrium can only be done in theory because the prices of goods and services change with fluctuations in demand and supply. For example, too much supply generally causes prices to decrease, which leads to greater demand.