Equilibrium

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Equilibrium

The stable state of the system. See: Attractor.

Equilibrium

A state of stable prices brought about by the rough equality of supply and demand. This applies for consumer goods, securities, and most other goods and services.

equilibrium

a state of balance with no tendency to change. See EQUILIBRIUM MARKET PRICE, EQUILIBRIUM LEVEL OF NATIONAL INCOME, DISEQUILIBRIUM.
References in periodicals archive ?
The last three chapters, "An optimal control of Plato's Plant," "Equations of functional equilibrium," and "Equations of motion" include extensions of dynamic optimization models of allocation.
Establishing a functional equilibrium' between current practice demands and anticipated role changes is a most delicate process.

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