The need of the hour is to keep supply and demand in equilibrium. Trees maintain balance and equilibrium in the environment. At his wife’s death, he lost his mental equilibrium .
What is equilibrium simple words?
a state of rest or balance due to the equal action of opposing forces . equal balance between any powers, influences, etc.; equality of effect. mental or emotional balance; equanimity: The pressures of the situation caused her to lose her equilibrium. Chemistry.
How do you use market equilibrium in a sentence?
The value arises from when the market equilibrium. Note that a decrease in disposable income would have the exact opposite effect on the market equilibrium. Farmers were paid to not plant those seven crops, thus decreasing supply and returning to market equilibrium.
How do you use dynamic equilibrium in a sentence?
Such a state is known as dynamic equilibrium. Until the 1960s the Noosa beach and river entrance were in a state of dynamic equilibrium. Your body is in dynamic equilibrium where the heat it produces leakes out into the environment.
How do you use equivalent in a sentence?
- Carl is a cocky home cook who swears his hamburger is equivalent to a steak at a fine restaurant.
- Did you know eight ounces is equivalent to one cup?
- It was not difficult for the translator to find an English word that was equivalent to the French term.
How do you explain market equilibrium?
A market is in equilibrium if at the market price the quantity demanded is equal to the quantity supplied . ... This means that at the equilibrium price the sellers are able to sell exactly the quantity they want to sell at this price and the buyers are able to buy exactly the quantity that they want to buy at this price.
What is the example of market equilibrium?
Example #1
Company A sells Mangoes . During summer there is a great demand and equal supply. Hence the markets are at equilibrium. Post-summer season, the supply will start falling, demand might remain the same.
What is equilibrium condition?
The equilibrium condition of an object exists when Newton’s first law is valid . An object is in equilibrium in a reference coordinate system when all external forces (including moments) acting on it are balanced. This means that the net result of all the external forces and moments acting on this object is zero.
What is equilibrium in a person?
1 : a state of balance between opposing forces or actions . 2 : the normal balanced state of the body that is maintained by the inner ear and that keeps a person or animal from falling. equilibrium.
What is equilibrium price example?
In the table above, the quantity demanded is equal to the quantity supplied at the price level of $60 . Therefore, the price of $60 is the equilibrium price. ... For any price that is higher than $60, the quantity demanded is greater than the quantity supplied, thereby creating a shortage.
How do you use the word equilibrium?
- Since the water is neither hot nor cold, its temperature can be described as a state of equilibrium.
- If the scales are not equally weighted, equilibrium will not be met.
- Last year, the government issued every taxpayer a $1200 refund in hopes of restoring equilibrium to a depressed economy.
Is equilibrium a dynamic?
A reversible process is said to be in dynamic equilibrium when the forward and reverse processes occur at the same rate , resulting in no observable change in the system. Once dynamic equilibrium is established, the concentrations or partial pressures of all species involved in the process remain constant.
What does equilibrium mean in economics?
In microeconomics, economic equilibrium may also be defined as the price at which supply equals demand for a product , in other words where the hypothetical supply and demand curves intersect. ... Equilibrium can also refer to a similar state in macroeconomics, where aggregate supply and aggregate demand are in balance.
What is equivalent example?
The definition of equivalent is something that is essentially the same or equal to something else. An example of equivalent is (2+2) and the number 4 . Since 2+2= 4, these two things are equivalent. ... Equal, as in value, meaning, or force.
What is a equivalent sentence?
Definition: An equivalent sentence is similar in meaning to the original , even though the structure and words are different. ... Engaging in identifying equivalent sentences is an important activity that can be used to improve your paraphrasing skills and, by extension, summary writing.
Is equal to in a sentence?
1. One li is equal to half a kilometre. 2. A dollar is equal to one hundred cents.
