Question

What's Equilibrium? explain

Answer 1

a state in which opposing forces or infuenced are balanced

Answer 2

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