Question

what is equilibrium​

Answer 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—while an under-supply or shortage causes prices to go up resulting in less demand. The balancing effect of supply and demand results in a state of equilibrium.

Answer 2

Answer:

a state of balance, especially between forces or influences that are working in opposite ways