Equilibrium

Equilibrium refers to a state where opposing forces or influences are balanced, resulting in stability. In physics, it means the forces on an object cancel out, so the object remains at rest or moves at a constant speed. In economics, it describes a situation where supply and demand match, stabilizing prices. Essentially, equilibrium is a point where no net change occurs because all relevant factors are in balance, ensuring a steady state in systems ranging from physical objects to markets.