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Answer to Question #268292 in Microeconomics for BAT
Question #268292
How to discuss a equilibrium reason?
Expert's answer
Equilibrium is defined as a state of balance or a stable situation where opposing forces cancel each other out and where no changes are occurring. An example of equilibrium is in economics when supply and demand are equal.
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#339914 on Dec 2023
#339914 on Dec 2023
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