Equilibrium Definition Economics. If a market is at its equilibrium price and quantity, then it has no reason to move. Web the word equilibrium means balance.
Economic Equilibrium
Web learn how economists define a market as any interaction between a buyer and a seller, and how they study markets using the law. If a market is at its equilibrium price and quantity, then it has no reason to move. Web learn the key terms and graphs used in the analysis of markets, such as equilibrium, disequilibrium, and changes in equilibrium. Web the word equilibrium means balance.
Web the word equilibrium means balance. Web learn how economists define a market as any interaction between a buyer and a seller, and how they study markets using the law. Web the word equilibrium means balance. If a market is at its equilibrium price and quantity, then it has no reason to move. Web learn the key terms and graphs used in the analysis of markets, such as equilibrium, disequilibrium, and changes in equilibrium.