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Economic equilibrium
state where economic forces such as supply and demand are balanced and the values of economic variables will not change
Pronunciation
/ˌɛkəˈnɑmɪk ˌikwəˈlɪbriəm/
/ˌiːkəˈnɒmɪk ˌɛkwɪˈlɪbrɪəm/
Categories
equilibrium
equilibrium point