Question

Define The Equilibrium ?​

Answer 1

Step-by-step explanation:

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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.

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Answer 2

Answer:

"Equilibrium is the state in which market supply and demand balance each other, and as a result prices become stable. Generally, an over-supply of goods or services causes prices to go down, which results in higher demand—while an under-supply or shortage causes prices to go up resulting in less demand. The balancing effect of supply and demand results in a state of equilibrium."

"The equilibrium price is where the supply of goods matches demand. When a major index experiences a period of consolidation or sideways momentum, it can be said that the forces of supply and demand are relatively equal and the market is in a state of equilibrium."