what is equilibrium? Write it's types also?
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a state in which a process and its reverse are occurring at equal rates so that no overall change is taking place.
There are three types of equilibrium:
stable, unstable and neutral.
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State of stable conditions in which all significant factors remain more or less constant over a period, and there is little or no inherent tendency for change. For example, a market is said to be in equilibrium if the amount of goods that buyers wish to buy at the current price is matched by the amount the sellers want to sell at that price. Also called steady state.
At equilibrium, the reaction rates of the forward and reverse reactions are equal. There are two different types of equilibrium: dynamic equilibrium and static equilibrium.
Explanation:
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