Question

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ᴅᴇғɪɴᴇ Eǫᴜʟɪʙʀɪᴜᴍ



Sᴛᴏᴘ...​

Answer 1

Answer:

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.

Answer 2

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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.

An example of equilibrium is in economics when supply and demand are equal. An example of equilibrium is when you are calm and steady. An example of equilibrium is when hot air and cold air are entering the room at the same time so that the overall temperature of the room does not change at all.

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