what is meant by equilibrium
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Equilibrium, in physics, the condition of a system when neither its state of motion nor its internal energy state tends to change with time. ... For a single particle, equilibrium arises if the vector sum of all forces acting upon the particle is zero.
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equilibrium is a state in which market supply and demand balance each other and as a result prices become stable generally and an over supply of goods or services causes prices to go down which results in higher demand the balancing effect of supply and demand result in a state of equilibrium
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