Equilibrium Quantity

Equilibrium quantity is the amount of a good or service that is bought and sold when the market is balanced. It occurs at the point where the supply (how much sellers want to sell) matches the demand (how much buyers want to buy). At this point, there’s no tendency for the quantity to change because the market is in harmony. Think of it as the natural meeting point where the quantity sellers want to provide equals the quantity buyers want to purchase, resulting in stable prices and quantities.