Advantages of EQUILIBRIUM PRICE | Why aim for the Equilibrium Price?

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Why aim for the Equilibrium Price?
Advantages of Equilibrium Price ⬇️
a) 0 Waste: At equilibrium, the quantity demanded equals the quantity supplied, meaning that resources are being allocated to produce exactly what consumers want to buy.
b) Efficiency: When the market reaches equilibrium, there are no shortages or surpluses of goods. This means that resources are not wasted in producing goods that consumers don't want (surpluses) or in underproducing goods that consumers do want (shortages).
c) No missed sales: At equilibrium, both consumer and producer surplus are maximized because buyers and sellers are transacting at a price that reflects their willingness to pay or receive for the good.
Overall, reaching an equilibrium price promotes efficiency, stability, fairness, and innovation in markets, leading to overall economic welfare.

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Any other reason a business should aim for an equilibrium price? Please share ⬇