TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

Price in which offer and demand are in equilibrium.  2, record 1, English, - market%20price

Record number: 1, Textual support number: 1 OBS

market price: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  3, record 1, English, - market%20price

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Prix auquel s'égalisent l'offre et la demande.  2, record 1, French, - prix%20du%20march%C3%A9

Record number: 1, Textual support number: 1 CONT

Le prix du marché est le prix pour lequel acheteur et vendeur sur un marché s'accordent à propos d'un bien ou d'un service.  3, record 1, French, - prix%20du%20march%C3%A9

Record number: 1, Textual support number: 1 OBS

Définition extraite du CAPITAL Business Dictionary et reproduite avec l'autorisation de LID Editorial Empresarial.  4, record 1, French, - prix%20du%20march%C3%A9

Record 1,  Textual support,  Spanish

Record number: 1, Textual support number: 1 DEF

Precio en el que se iguala la oferta y la demanda.  2, record 1, Spanish, - precio%20de%20mercado

Record number: 1, Textual support number: 1 OBS

precio de mercado: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  3, record 1, Spanish, - precio%20de%20mercado

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 DEF

The system by which the amount and qualities of goods and services are determined (and, hence, resources to produce them allocated) by the price that consumers are willing to pay.  4, record 2, English, - price%20system

Record number: 2, Textual support number: 1 CONT

In a price system in which markets are permitted to work without outside intervention, the price system will tend toward an optimal allocation of resources and of production of goods and services; if there is a shortage of an item the price will rise, and new resources will be applied to its production, until a new equilibrium is achieved in which no other combination of goods and services produced or allocation of resources could produce greater satisfaction. In practice, no price system achieves this ideal. In all markets there are frictions caused by lags in response.  4, record 2, English, - price%20system

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 DEF

Ensemble de prix établis de manière cohérente pour l'application de principes préalablement fixés.  3, record 2, French, - syst%C3%A8me%20de%20prix

Record 2,  Textual support,  Spanish

Record number: 2, Textual support number: 1 DEF

Es el sistema por el que se determinan los montos y calidades de bienes y servicios (y, en consecuencia, por el que se asignan los recursos para producirlos) por el precio que los consumidores están dispuestos a pagar.  1, record 2, Spanish, - sistema%20de%20precios

Record number: 2, Textual support number: 1 CONT

En un sistema de precios en el que se permite que los mercados actúen sin intervención externa, el sistema de precios tenderá a la asignación óptima de recursos y de producción de bienes y servicios; si hay escasez de un artículo, el precio aumentará y se aplicarán nuevos recursos a su producción, hasta que se llegue a un equilibrio en el que ninguna otra combinación de bienes y servicios producidos o de asignación de recursos podría proporcionar mayor satisfacción. En la práctica, ningún sistema de precios alcanza ese ideal. En todos los mercados hay fricciones ocasionadas por los desfases en reacción al producto de que se trate.  1, record 2, Spanish, - sistema%20de%20precios

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

At the equilibrium market price for the factor of production, the amounts demanded and supplied will be exactly equal-only there will factor-price have no tendency to change.  1, record 3, English, - equilibrium%20market%20price

Record 3,  Textual support,  French

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

... optimal equilibrium is attained when the consumer's substitution ratio is just equal to the ratio of food price to clothing price.  1, record 4, English, - optimal%20equilibrium

Record 4,  Textual support,  French

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 OBS

... its [a competitive firm's] Maximum-profit equilibrium comes when it follows the rule Price=Marginal Cost or P=MC  1, record 5, English, - maximum%20profit%20equilibrium

Record number: 5, Textual support number: 2 OBS

... any firm-monopolistic or competitive-will find its Maximum-profit equilibrium by nicely balancing its extra cost against its extra revenue (i.e., by finding an intersection of its Marginal Cost curve and what will be defined as its "Marginal Revenue" curve.  1, record 5, English, - maximum%20profit%20equilibrium

Record number: 5, Textual support number: 3 OBS

Maximum-profit equilibrium is where Marginal Revenue and Marginal Cost are equal. MR=MC, the Maximum-profit point.  1, record 5, English, - maximum%20profit%20equilibrium

Record 5,  Textual support,  French

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 CONT

The equilibrium price level is the level that makes the real value of nominallydenominated government liabilities equal to the present value of expected future government budget surpluses.  1, record 6, English, - equilibrium%20price%20level

Record 6,  Textual support,  French

Record 6,  Textual support,  Spanish

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 CONT

The direct cost method ignores that the [economic] impact may change the price(the partial equilibrium effect), that changes in one market may have effects on other markets(the general equilibrium effect), and that climate change may alter investments(the growth effect).  3, record 7, English, - general%20equilibrium%20effect

Record 7,  Textual support,  French

Record number: 7, Textual support number: 1 CONT

Ces changements [effets directs et indirects des interventions] se propagent par le biais de liens intersectoriaux et d'interdépendance entre industries (appelé techniquement en jargon économique «effet d'équilibre général»).  2, record 7, French, - effet%20d%27%C3%A9quilibre%20g%C3%A9n%C3%A9ral

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 DEF

The price of tradables relative to non-tradables that, for given long-term equilibrium(or sustainable) values of other relevant variables such as trade taxes, international prices, capital and aid flows and technology, leads to the simultaneous attainment of internal and external equilibrium and is compatible with long-term economic growth.  3, record 8, English, - equilibrium%20real%20exchange%20rate

Record 8,  Textual support,  French

Record number: 8, Textual support number: 1 CONT

Les deux marchés (marché des biens échangeables et marché des biens non échangeables) sont à l'équilibre. Le prix relatif qui correspond à cet équilibre est le taux de change réel d'équilibre.  3, record 8, French, - taux%20de%20change%20r%C3%A9el%20d%27%C3%A9quilibre

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 DEF

Situation in which two economic forces are not in equilibrium. For example, given an officially regulated price for a particular good there will be a lack of equilibrium if the demand at that price exceeds supply, thereby producing a scarcity in the market.  3, record 9, English, - imbalance

Record number: 9, Textual support number: 1 CONT

External imbalance; monetary imbalance  4, record 9, English, - imbalance

Record number: 9, Textual support number: 1 OBS

imbalance: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  5, record 9, English, - imbalance

Record 9,  Textual support,  French

Record number: 9, Textual support number: 1 DEF

Situation dans laquelle deux forces économiques ne sont pas équilibrées ou compensées. Par exemple : en prenant un prix officiel réglementé d'un bien déterminé, si la demande à ce prix est supérieure à l'offre, il y a déséquilibre et il se produira une situation de pénurie sur le marché.  3, record 9, French, - d%C3%A9s%C3%A9quilibre

Record number: 9, Textual support number: 1 CONT

Déséquilibre de la balance des paiements; déséquilibre monétaire.  2, record 9, French, - d%C3%A9s%C3%A9quilibre

Record number: 9, Textual support number: 1 OBS

déséquilibre : terme et définition extraits du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.  4, record 9, French, - d%C3%A9s%C3%A9quilibre

Record 9,  Textual support,  Spanish

Record number: 9, Textual support number: 1 DEF

Situación en la que dos fuerzas económicas no se encuentran equilibradas o compensadas . Por ejemplo: dado un precio oficial regulado de un determinado bien, si la demanda a ese precio excede a la oferta existe desequilibrio, y se producirá escasez en el mercado.  1, record 9, Spanish, - desequilibrio

Record number: 9, Textual support number: 1 OBS

desequilibrio: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  2, record 9, Spanish, - desequilibrio

Record 10,  Textual support,  English

Record number: 10, Textual support number: 1 DEF

The price when the supply of goods matches demand.  3, record 10, English, - equilibrium%20price

Record 10,  Textual support,  French

Record number: 10, Textual support number: 1 DEF

Prix unique et déterminé qui s'établit théoriquement au point où l'offre est équivalente à la demande.  1, record 10, French, - prix%20d%27%C3%A9quilibre

Record 10,  Textual support,  Spanish

Record 11,  Textual support,  English

Record number: 11, Textual support number: 1 DEF

Level of minimum unemployment with equilibrium in the supply and demand of work. In the strictest sense, it is when the level of employment guarantees economic growth and price stability. Over/full employment is when the posts that are not covered exceed the number of unemployed people.  2, record 11, English, - full%20employment

Record number: 11, Textual support number: 1 OBS

full employment: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  3, record 11, English, - full%20employment

Record 11,  Textual support,  French

Record number: 11, Textual support number: 1 DEF

Niveau de chômage minimal, avec un équilibre de l'offre et de la demande de travail. Au sens strict, niveau d'emploi qui garantit la croissance de l'économie et la stabilité des prix. On parle de suremploi (over/full employment) lorsque les postes à pourvoir excèdent les sans-emploi. Même dans ce cas il y aura toujours un chômage frictionnel.  3, record 11, French, - plein%20emploi

Record number: 11, Textual support number: 1 OBS

plein emploi : terme et définition extraits du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.  4, record 11, French, - plein%20emploi

Record 11,  Textual support,  Spanish

Record number: 11, Textual support number: 1 DEF

Nivel de desempleo mínimo, con equilibrio de la oferta y la demanda de trabajo. En sentido estricto, nivel de empleo (over/full employment) cuando los puestos sin cubrir exceden a los desempleados. Aun en este caso siempre habrá cierto paro friccional.  2, record 11, Spanish, - pleno%20empleo

Record number: 11, Textual support number: 1 OBS

pleno empleo: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  3, record 11, Spanish, - pleno%20empleo

Record 12,  Textual support,  English

Record number: 12, Textual support number: 1 CONT

... any departure of P [the price level] above equilibrium creates an "oversupply" condition leading back to equilibrium, and that any fall in P below equilibrium creates an "excess demand" that bids P back up to restore the equilibrium.  2, record 12, English, - excess%20demand

Record 12,  Textual support,  French

Record 12,  Textual support,  Spanish

Record 13,  Textual support,  English

Record number: 13, Textual support number: 1 CONT

A general equilibrium trade model can be described as one in which supply equals demand in every market and all markets are linked together through the mechanism of relative prices. For instance, an increase in demand in one industry raises the price in that industry with a resulting impact on those industries which either purchase the product as an input or supply the initial industry.  2, record 13, English, - general%20equilibrium%20trade%20model

Record 13,  Textual support,  French

Record number: 13, Textual support number: 1 OBS

Terme suggéré par le service de traduction du Conseil économique du Canada.  1, record 13, French, - mod%C3%A8le%20d%27%C3%A9quilibre%20g%C3%A9n%C3%A9ral%20des%20%C3%A9changes

Record 13,  Textual support,  Spanish

Record 14,  Textual support,  English

Record number: 14, Textual support number: 1 OBS

"Your economic system isn’t determinate until you have found conditions to determine a price and a quantity for each output and for each input. Do you have enough simultaneous conditions(or equations) to make your interdependent equilibrium system determinate?"  1, record 14, English, - interdependent%20equilibrium%20system

Record 14,  Textual support,  French

Record 14,  Textual support,  Spanish

Record 15,  Textual support,  English

Record number: 15, Textual support number: 1 OBS

(...) The long-run equilibrium price is not as high as the short-run equilibrium price, and not nearly as high as the momentary equilibrium price.  1, record 15, English, - long%2Drun%20equilibrium%20price

Record 15,  Textual support,  French

Record 15,  Textual support,  Spanish

Record 16,  Textual support,  English

Record number: 16, Textual support number: 1 OBS

P [price]=MC [marginal costs]=minimum competitive costs, the long-run Break-even equilibrium(...) where all competitive costs are just covered.  1, record 16, English, - long%2Drun%20Break%2Deven%20equilibrium

Record 16,  Textual support,  French

Record 16,  Textual support,  Spanish

Record 17,  Textual support,  English

Record number: 17, Textual support number: 1 OBS

(...) Least-cost equilibrium(...) : 1. The ratio of the marginal-physical-products of any two inputs must equal the ratio of their factor price.(...) 2. The marginal-physical-product-per-dollar received from the(last) dollar of expenditure must be the same for every productive factor.  1, record 17, English, - Least%2Dcost%20equilibrium

Record 17,  Textual support,  French

Record 17,  Textual support,  Spanish

Record 18,  Textual support,  English

Record number: 18, Textual support number: 1 OBS

P [price]=MC [marginal cost]=minimum competitive costs, the long run Break-even equilibrium(...)  1, record 18, English, - minimum%20competitive%20cost

Record 18,  Textual support,  French

Record 18,  Textual support,  Spanish

Record 19,  Textual support,  English

Record number: 19, Textual support number: 1 OBS

Note that the long-run equilibrium price is not as high as the short-run equilibrium price, and not nearly as high as the momentary equilibrium price.  1, record 19, English, - momentary%20equilibrium%20price

Record 19,  Textual support,  French

Record 19,  Textual support,  Spanish

Record 20,  Textual support,  English

Record number: 20, Textual support number: 1 OBS

[See Figure 26-2, page 491] The equilibrium price G is shown in both diagrams at about that markup level over costs which the oligopolists think will be best for them in the long run.  1, record 20, English, - markup%20level

Record 20,  Textual support,  French

Record 20,  Textual support,  Spanish

Record 21,  Textual support,  English

Record number: 21, Textual support number: 1 OBS

Note that this equilibrium price is a little lower than the momentary E’ price.  1, record 21, English, - momentary%20price

Record 21,  Textual support,  French

Record 21,  Textual support,  Spanish

Record 22,  Textual support,  English

Record number: 22, Textual support number: 1 OBS

The intelligent profit-seeking action of speculators and arbitragers tends to create certain definite equilibrium patterns of price over space and time.  1, record 22, English, - pattern%20of%20price

Record 22,  Textual support,  French

Record 22,  Textual support,  Spanish

Record 23,  Textual support,  English

Record number: 23, Textual support number: 1 OBS

(...) MU/P [marginal utility/price] ratios for each good are called the marginal utility per dollar that the consumer gets from spending his money on that good. So final equilibrium of well-being will require that there be equality of each and every good's marginal utility per dollar.  1, record 23, English, - marginal%20utility%20per%20dollar

Record 23,  Textual support,  French

Record 23,  Textual support,  Spanish

Record 24,  Textual support,  English

Record number: 24, Textual support number: 1 OBS

(...) marginal utilities divided by price per unit-that is(...) marginal utilities per last dollar, MU/P-are all to be equalized in optimizing equilibrium.  1, record 24, English, - marginal%20utility%20per%20last%20dollar

Record 24,  Textual support,  French

Record 24,  Textual support,  Spanish

Record 25,  Textual support,  English

Record number: 25, Textual support number: 1 OBS

[The] excess of scheduled supply over scheduled demand will put downward pressure on price until it has finally reached that equilibrium level where the two curves intersect.  1, record 25, English, - scheduled%20supply

Record 25,  Textual support,  French

Record 25,  Textual support,  Spanish

Record 26,  Textual support,  French

Record 26,  Textual support,  Spanish

Record 27,  Textual support,  English

Record number: 27, Textual support number: 1 OBS

(...) our tangency condition is just another way of stating that a good's price and its marginal utility must be proportional in equilibrium(...)  1, record 27, English, - tangency%20condition

Record 27,  Textual support,  French

Record 27,  Textual support,  Spanish

Record 28,  Textual support,  English

Record number: 28, Textual support number: 1 OBS

(...) if more of a commodity such as tea becomes available than people want to buy at the last-quoted market price, its price will be marked down by competition. At the lower price people will drink more tea, and producers will no longer produces quite so much. Thus equilibrium of supply and demand will be restored.  1, record 28, English, - equilibrium%20of%20supply%20and%20demand

Record 28,  Textual support,  French

Record 28,  Textual support,  Spanish

Record 29,  Textual support,  English

Record number: 29, Textual support number: 1 OBS

(...) we shall see how the market price reaches its competitive equilibrium, when these two curves [supply and demand] intersect-when the forces of demand and supply are just in balance.  1, record 29, English, - competitive%20equilibrium

Record 29,  Textual support,  French

Record 29,  Textual support,  Spanish

Record 30,  Textual support,  French

Record 30,  Textual support,  Spanish

Record 31,  Textual support,  English

Record number: 31, Textual support number: 1 OBS

The condition for the free-trade equilibrium is that the new common price should coax out an import demand abroad just equal to our export supply.  1, record 31, English, - free%2Dtrade%20equilibrium

Record 31,  Textual support,  French

Record 31,  Textual support,  Spanish