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When quantity demanded in a market equals quantity supplied, then the: market will not clear without further price adjustments. market is in equilibrium. equilibrium price is less than expected by buyers.
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When quantity demanded in a market equals quantity supplied, then the:

market will not clear without further price adjustments.
market is in equilibrium.
equilibrium price is less than expected by buyers.
market is in temporary disequilibrium.

User Whyguy
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market is in equilibrium

When we say that a market is in equilibrium. It means that the quantity demanded of a particular product is equal to the quantity supplied in the market.

At this state, the price in the market is the equilibrium price.

User Sigidagi
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