Science, asked by Anonymous, 4 months ago

what is hypothetical equilibrium?

tilak8060: Economic equilibrium is a condition or state in which economic forces are balanced. ... Economic equilibrium may also be defined as the point at which supply equals demand for a product, with the equilibrium price existing where thehypothetical supply and demand curves intersect.

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Answered by ELECTROBRAINY

Answer:

Consider the hypothetical reversible reaction in which reactants A and B react to form products C and D. This is because equilibrium is defined as a condition resulting from the rates of forward and reverse reactions being equal. ...

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