Economy, asked by tajmuhammadafridi012, 8 months ago

what are the condition for equilibrium in Economic?​

Answers

Answered by diya37218
2

Answer:

In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change.

Answered by Anonymous
50

Answer:

Economic equilibrium is a condition or state in which economic forces are balanced. In effect, economic variables remain unchanged from their equilibrium values in the absence of external influences.

Explanation:

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