price and quantity are always at the intersection of supply and demand, by definition. no doubt you can find things to quibble with this too, but it's more acc

price and quantity are always at the intersection of supply and demand, by definition. no doubt you can find things to quibble with this too, but it's more accurate to say "price is set by supply and demand" means that the quantity sold is at the "market clearing price". Any other price will leave unsold inventory or unmet demand. the point being that market manipulations will shift the supply or perhaps the demand curves.