what is equilibrium?
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Equilibrium is the state in which market supply and demand balance each other, and as a result, prices become stable. Generally, an over-supply of goods or services causes prices to go down, which results in higher demand. The balancing effect of supply and demand results in a state of equilibrium.
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Hey mate here is your answer.....
a state of balance, especially between forces or influences that are working in opposite ways
Hope it helps you......
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