What is the advantage for consumers of buying goods at the equilibrium price? What is the advantage for producers of selling goods at the equilibrium price?

Equilibrium price market is important because it maintains the balance between the quantity supplied and the quantity demanded.

Explanation:

Equilibrium price market is important because it maintains the balance between the quantity supplied and the quantity demanded.

There is no point of moving away from the equilibrium market otherwise the balance between the demand and supply will disturb.  

When the price is above the equilibrium price, then there will be more producers and less buyers while when the price is below the equilibrium price, then there will be more buyers than the producers

countries such as spain, france and portugal colonized the region. although most of latin america was colonized by spain, the countries of portugal and france also had major influences on the region. due to war and disease, native populations were decimated.