1. What is meant by equilibrium ? Explain clearly stable and unstable equilibrium. dinland general equilibrium
Answers
Equilibrium is the state in which market supply and demand balance each other, and as a result prices become stable. ... The balancing effect of supply and demand results in a state of equilibrium.
A system is said to be in stable equilibrium if, when displaced from equilibrium, it experiences a net force or torque in a direction opposite to the direction of the displacement. ... A system in unstable equilibrium accelerates away from its equilibrium position if displaced even slightly.
Explanation:
equilibrium:
a state of balance between opposing forces or actions. 2 : the normal balanced state of the body that is maintained by the inner ear and that keeps a person or animal from falling. equilibrium.
stable equilibrium:
a state of equilibrium of a body (such as a pendulum hanging directly downward from its point of support) such that when the body is slightly displaced it tends to return to its original position — compare unstable equilibrium.
unstable equilibrium:
a state of equilibrium of a body (as a pendulum standing directly upward from its point of support) such that when the body is slightly displaced it departs further from the original position
— compare STABLE EQUILIBRIUM