The price is called the equilibrium price, and the quantity is called the equilibrium quantity.

这个价格被称为均衡价格，达到的数量叫做均衡产量。

But the second point here is that that equilibrium price, or prices, reveal value.

但这里的第二点是均衡价格，或价格，揭示了价值。

Well, look at corn with an equilibrium price of 4 dollars per bushel and a price floor at 7 dollars.

让我们以均衡价格是4美元的每蒲式耳玉米最低定价7美元为例。

Assume the equilibrium price for gas is 3 dollars and the government sets a price ceiling here at only 1 dollars.

假设汽油的均衡价格是3美元，而政府为它设定的价格上限仅为1美元。

Keep in mind that the price ceiling only has an effect on the market when it's below the equilibrium price.

请记住，价格上限只有在价格低于均衡价格时才会对市场产生影响。

Assume the government set a price floor for a bushel of corn at 7 dollars when the actual equilibrium price is 4 dollars.

假设政府为实际均衡价格为4美元的一蒲式耳玉米最低定价7美元。

It's an equilibrium price, because we also added to it a lot of Newtonian physics equations where centers of gravity are very much part of the organizing principle.

这是一个均衡价格，因为我们也向其中添加了许多牛顿物理方程：重心是组织原则的重要组成部分。

And the idea behind this was that then we can aggregate this up, and we see what that turns into, which are these nice, fancy supply-and-demand curves which produce a price, an equilibrium price.

这背后的想法是我们可以加总这些我们看看它能变成什么，这些美妙的供求曲线形成了价格，即均衡价格。