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Equilibrium |
Also found in: Medical, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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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. |
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? Mentioned in | ? References in periodicals archive | |
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1947 "Empirical mathematical rules concerning the distribution and equillibrium of population", Geographical Review 3/1: 47-69. |
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