- Equality of weight or force; an equipoise or a state
of rest produced by the mutual counteraction of two or more forces. - A level position; a just poise or balance in respect
to an object, so that it remains firm; equipoise; as, to preserve the
equilibrium of the body. - A balancing of the mind between motives or reasons,
with consequent indecision and doubt.
Equilibrium Quantity If there's no shortage or surplus of a commodity, it is said to be in Equilibrium Quantity. It's also the quantity wherein supply and demand curves intersect...
Market equilibrium Market equilibrium is a situation occurring when the quantity that people are willing to buy (demand) equals the quantity that people are willing to sell (supply).
Equilibrium price Equilibrium price is the prevailing market price at which you can buy an item.
Equilibrium model Equilibrium model is the functionalist view that society tends toward a state of stability or balance.
Equilibrium Equilibrium in neoclassical economics, equilibrium exists when supply equals demand for a particular commodity. General equilibrium is a
General Equilibrium General Equilibrium is neoclassical economics assumes that production, employment, investment, and income distribution are all
Definition
[ n.]