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1. Dictionary

   equilibrium

   /ˌiːkwɪˈlɪbrɪəm/

   noun

   • 1. a state in which opposing forces or influences are balanced: "the task is the maintenance of social equilibrium" Similar balancesymmetryequipoiseparityequalityevennessstabilitysteadinessarchaic:counterpoiseequipollenceOpposite imbalance
   • ▪ a state of physical balance: "I stumbled over a rock and recovered my equilibrium"
   • ▪ a calm state of mind: "his intensity could unsettle his equilibrium" Similar composurecalmnesscalmequanimitycollectednesssangfroidcoolnesssteadinessstabilitylevel-headednesscool-headednessimperturbabilitypoisepresence of mindself-possessionself-controlself-commandimpassivenessimpassivityunexcitabilityplacidityplacidnesstranquillityserenityinformal:coolunflappabilityrare:ataraxyataraxiaOpposite agitationnervousness
   • ▪ a state in which a process and its reverse are occurring at equal rates so that no overall change is taking place: "ice is in equilibrium with water"
   • ▪ a situation in which supply and demand are matched and prices stable: "the market is in equilibrium"

   Word Origin early 17th century (in the sense ‘well-balanced state of mind’): from Latin aequilibrium, from aequi- ‘equal’ + libra ‘balance’.

   Derivatives

   • 1. equilibrial adjective

   Scrabble Points: 24

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2. www.investopedia.com › terms › eEquilibrium Price: Definition, Types, Example, and How to ...

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   Jun 26, 2024 · Equilibrium is the state in which market supply and demand balance each other, and as a result prices become stable. Learn about different types of equilibrium, how to calculate equilibrium price and quantity, and see an example of equilibrium in action.

3. Videos

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     What Is Dynamic Equilibrium? | Reactions | Chemistry | FuseSchool

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4. www.britannica.com › Thermodynamic-equilibriumThermodynamics - Equilibrium, Heat, Energy | Britannica

   www.britannica.com › Thermodynamic-equilibrium

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   Jun 18, 2024 · Thermodynamics - Equilibrium, Heat, Energy: A particularly important concept is thermodynamic equilibrium, in which there is no tendency for the state of a system to change spontaneously. For example, the gas in a cylinder with a movable piston will be at equilibrium if the temperature and pressure inside are uniform and if the restraining ...

5. www.investopedia.com › terms › eEquilibrium Quantity: Definition and Relationship to Price

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   Jun 28, 2024 · Equilibrium quantity is when there is no shortage or surplus of a product in the market. Supply and demand intersect, meaning the amount of an item that consumers want to...

   • Author: Daniel Liberto

6. People also ask

   What does equilibrium mean in chemistry?

   • Equilibrium: Equilibrium refers to the state in which both reactants and products are present in concentrations which have no further tendency to change over time. It's when forward and reverse reactions occur at equal rates so there's no net change observed.

   Introduction to Equilibrium - AP Chem Study Guide 2024 | Fiveable

   library.fiveable.me/ap-chem/unit-7/intro-equilibrium/study-guide/dzIPBIOsEPKoTL4VKEH2

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   What is equilibrium quantity?

   • Equilibrium quantity is when there is no shortage or surplus of a product in the market. Supply and demand intersect, meaning the amount of an item that consumers want to buy is equal to the amount being supplied by its producers. In other words, the market has reached a perfect state of balance as prices stabilize to suit all parties.

   Equilibrium Quantity: Definition and Relationship to Price - Investopedia

   www.investopedia.com/terms/e/equilibrium-quantity.asp

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   What is economic equilibrium?

   • Economic equilibrium refers broadly to any state in the economy where forces are balanced. This can be related to prices in a market where supply is equal to demand, but can also represent the level of employment, interest rates, and so on. The process by which equilibrium prices are reached is through a process of competition.

   Equilibrium Price: Definition, Types, Example, and How to Calculate

   www.investopedia.com/terms/e/equilibrium.asp

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   What is equilibrium in Unit 7?

   • In unit 7, which focuses on a new topic called equilibrium, we’ll look at the rate of a reaction going forwards➡️ and backward⬅️. In equilibrium, we discuss reactions that are reversible meaning that not only are products created from reactants but reactants can also be created from products! In fact, nearly every reaction is reversible.

   Unit 7 Overview: Equilibrium - AP Chem Study Guide 2024 - Fiveable

   library.fiveable.me/ap-chem/unit-7/review/study-guide/U9hF8bXFr2khnx9YgnMp

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7. www.investopedia.com › terms › gUnderstanding General Equilibrium Theory & Its Alternatives

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   5 days ago · General equilibrium theory studies supply and demand fundamentals in an economy with multiple markets, showing that all prices are at equilibrium.

8. economics.stackexchange.com › questions › 58619macroeconomics - What is equilibrium economics - Economics ...

   economics.stackexchange.com › questions › 58619

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   Jun 12, 2024 · There are different equilibrium definitions and some papers, especially in macro, will define what they mean by equilibrium. But in general, it typically means that all agents (consumers and producers) maximize their objective function, satisfy budget constraints and markets clear.

9. library.fiveable.me › ap-chem › unit-7Unit 7 Overview: Equilibrium - AP Chem Study Guide 2024 ...

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   Jun 18, 2024 · In chemistry, we define equilibrium as the point at which the rate of the forward reaction is equal to the rate of the reverse reaction. We learned about rates in unit five as how quickly a reaction proceeds. We can also think of this rate as a change in concentration of the products (or reactants) over a change in time: R = Δ [P]/ΔT = -Δ [R]/ΔT.

10. library.fiveable.me › ap-chem › unit-7Introduction to Equilibrium - AP Chem Study Guide 2024 - Fiveable

    library.fiveable.me › ap-chem › unit-7

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    Jun 18, 2024 · In most textbooks, equilibrium is defined as the point in a reaction where the rate of the. forward reaction. is equal to the rate of the. reverse reaction. Let’s break this down a bit. Suppose we have a reaction in which A, a reactant, is turned into B, a product. As concentrations of A decrease, the rate of reaction A → B will decrease.