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Equilibrium (view source)

Revision as of 21:14, May 20, 2007

235 bytes added ,  21:14, May 20, 2007
New page: Equilibrium is a state of balance or rest, lacking in any tendency to change. In economics, the equilibrium price is the price at which demand equals supply, and there is neither a surplu...
Equilibrium is a state of balance or rest, lacking in any tendency to change. In economics, the equilibrium price is the price at which demand equals supply, and there is neither a surplus or shortage of goods.

[[Category:Economics]]
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