What do you mean by Equilibrium?
Answers
Answered by
0
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.
Similar questions
Math,
11 days ago
Math,
11 days ago
Science,
23 days ago
Sociology,
23 days ago
Social Sciences,
7 months ago
Science,
7 months ago
Accountancy,
7 months ago