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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.
In macroeconomics the most obvious example is the intersection of aggregate demand and aggregate supply curves at the full employment level of income. In microeconomics it is the profit-maximizing level of output is where the marginal revenue (MR) and marginal cost (MC) curves intersect: MR = MC.