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In economics, supply and demand tells us how much people will buy and at what price. But what about when you want to find the exact point when supply equals demand? The equilibrium quantity tells us where that exact point is. In this article, we’ll walk you through the simple linear equations you need to know in order to find equilibrium price and quantity in just a few minutes.

## Things You Should Know

**Plug your numbers into the supply and demand equations:****Qs = x + yP****Qd = x - yP**

**Use Qd = Qs to find the equilibrium price.****Plug the price, or P, into either the supply equation or the demand equation to solve for equilibrium quantity.**

## Steps

## Community Q&A

## References

- ↑https://open.lib.umn.edu/principleseconomics/chapter/3-3-demand-supply-and-equilibrium/
- ↑https://danabord.com/watch/dl.php?file=https://uh.edu/~ghong/fina3334/sol_02.PDF
- ↑https://danabord.com/watch/dl.php?file=https://sccollege.edu/Departments/MATH/Documents/Math%20140/03-02-074.pdf
- ↑http://www2.gcc.edu/dept/math/faculty/BancroftED/buscalc/chapter3/section3-7.php
- ↑https://danabord.com/watch/dl.php?file=https://sccollege.edu/Departments/MATH/Documents/Math%20140/03-02-074.pdf