There is no point at which quantity of goods demanded and sold balances to an equilibrium price

This statement is not necessarily accurate. In a competitive market, the quantity of goods demanded and sold can often reach an equilibrium point where the price is stable and supply meets demand. This is known as market equilibrium, where the quantity demanded by consumers matches the quantity supplied by producers at a particular price. At this point, there is no excess supply or demand, and the market is in balance. However, in real-world markets, external factors such as changes in consumer preferences, production costs, or government regulations can disrupt this equilibrium, leading to fluctuations in price and quantity demanded and sold.