English, asked by sagar4786, 10 months ago

what is equilibrium?​

Answers

Answered by vijaytheboss
1

Answer:

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.

Answered by Anonymous
0

Answer:

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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