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Describes the situation that occurs when the equilibrium quantity has been reached?
There is no surplus or shortage
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What describes the situation that occurs when the equilibrium quantity has been reached?
There is no surplus or shortage
What describes the situation that occurs when the equilibrum quantity has been reached?
there is no surplus or shortage
When is a market in equilibrium?
In elementary economics equilibrium is the intersection between the supply and demand curves. When quantity supplied is said to equal quantity demanded the market has then reached equilibrium.
What is the relationship between supply and demand and how does it impact market equilibrium?
The relationship between supply and demand is that as demand for a product or service increases, the price tends to go up, and as supply increases, the price tends to go down. Market equilibrium is reached when the quantity of goods or services supplied equals the quantity demanded, resulting in a stable price. If supply exceeds demand, prices may fall, and if demand exceeds supply, prices may rise until a new equilibrium is reached.
What is reached when the number of molecules crossing the membrane is the same in both directions?
When the number of molecules crossing the membrane is the same in both directions, equilibrium is reached. This means that a state of balance has been achieved, where there is no net movement of molecules across the membrane.
What would the equilibrium price and quantity be in a oligopoly market?
In an oligopoly market, the equilibrium price and quantity are determined by the interdependent pricing and output decisions of a few dominant firms. These firms often engage in strategic behavior, such as price collusion or price wars, which can lead to higher prices and lower quantities compared to a competitive market. The equilibrium is reached when firms balance their production levels with market demand while considering their competitors' actions. As a result, the equilibrium price may be higher and the quantity lower than in more competitive market structures.
How does the relationship between supply and demand impact market equilibrium?
The relationship between supply and demand impacts market equilibrium by determining the price and quantity at which they are in balance. When supply and demand are equal, market equilibrium is reached, resulting in a stable price and quantity for a good or service. If supply exceeds demand, prices may decrease to encourage more purchases, and if demand exceeds supply, prices may increase to balance the market.
What is reached when molecules are equally distributed?
an equilibrium
How does a system respond to change once it has reached equilibrium?
At equilibrium its not changing (any more).
How is equilibrium related to diffusion and osmosis?
Equilibrium in diffusion and osmosis is reached when there is a balanced distribution of particles or solutes across a membrane, resulting in no net movement of particles. In diffusion, equilibrium is reached when there is an equal concentration of particles on both sides of the membrane. In osmosis, equilibrium is reached when the water concentration is the same on both sides of the membrane.
A state that is ultimately reached which results in balance is?
equilibrium :)
Will heat stop moving?
When thermal equilibrium is reached.
