Question

Is equilibrium always at an optimal level of output?

Answer 1

Answer:

yes when the reaction is in the stage of equilibrium the amount of reactant and the products are same i.e the rate of backward reaction =rate of forward reaction...

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Answer 2

Yes, the equilibrium is always at an optimal level of output since at this point the demand is always equal to the supply in the market.

Explanation:

• The optimum level of output is when the aggregate supply of output is equal to the aggregate demand of the output.  

• This is part of macroeconomics where there are the equilibrium price level and the equilibrium output levels.  

• If there are any changes in the demand for goods and it rises then people will buy the limited goods available in the market that leads to increase in the prices.

Learn more about equilibrium

If there is no change in concentrations why is the equilibrium state considered dynamic

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Give physical example of unstable equilibrium ,neutral equilibrium and of stable equilibrium?

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