Economy, asked by chandbhise123, 17 days ago

In economics___ means 'a state of rest or stability'

Answers

Answered by ipsitam818
0

Answer:

equilibrium

Explanation:

In economics, a state of the economy in which for every commodity or service (including labor), total supply and demand are exactly equal.

Answered by bhatiamona
0

In economics___ means' a state of rest or stability'

Answer:

In economics Equilibrium means' a state of rest or stability'

Explanation:

In the language of economics, economic equilibrium refers to the situation in which both demand and supply are in equilibrium in the market. In this way, neither the supply is less in the market nor the demand for the goods is very high. Due to the establishment of balance between these two, the condition of the market also remains stable. This is called economic equilibrium in the market.

So economics equilibrium means' a state of rest or stability'

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