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Equilibrium |
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Equilibrium The state in which market supply and demand balance each other and, as a result, prices become stable. Notes: The equilibrium price is the price at which the supply of goods matches demand. Equilibrium The stable state of the system. See: Attractor. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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